Economists Say U.S. Tariffs Are Wrong Move on a Valid Issue

Economists Say U.S. Tariffs Are Wrong Move on a Valid Issue Photo A shipment of soybeans at the Chinese port of Nantong. Many economists say the use of tariffs to address trade grievances with China will backfire on the United States, raising costs to its businesses and consumers and inviting retaliation against its exporters. Credit Agence France-Presse — Getty Images WASHINGTON — President Trump’s economic advisers insist that the economics profession is solidly behind the administration’s threat to impose tariffs on hundreds of billions of dollars of Chinese imports. Many top economists say, no, they’re not.
Across the ideological spectrum, trade experts and former top economic advisers to presidents say Mr. Trump is right to highlight issues on which China is widely viewed as an offender, such as intellectual-property theft and access to its domestic market. But many of those experts say that Mr. Trump’s planned tariffs would backfire — by raising costs to American businesses and c..

Tech Fix: I Downloaded the Information That Facebook Has on Me. Yikes.

I Downloaded the Information That Facebook Has on Me. Yikes. Video Does Facebook Know You Better Than You Do? What makes you tick, whom you know, where you go, even where you might end up. The information you share in your profile is a mere snippet of what Facebook and its partners really know about you. Kevin Roose, a technology columnist for The Times, explains.
By AINARA TIEFENTHÄLER, ROBIN STEIN and KEVIN ROOSE on Publish Date April 9, 2018. . Watch in Times Video » embed When I downloaded a copy of my Facebook data last week, I didn’t expect to see much. My profile is sparse, I rarely post anything on the site, and I seldom click on ads. (I’m what some call a Facebook “lurker.”)
But when I opened my file, it was like opening Pandora’s box.
With a few clicks, I learned that about 500 advertisers — many that I had never heard of, like Bad Dad, a motorcycle parts store, and Space Jesus, an electronica band — had my contact information, which could include my email address, phone num..

E.U. Likes Trump’s Stance on China, but Hates His Methods

E.U. Likes Trump’s Stance on China, but Hates His Methods Photo President Trump and President Xi Jinping of China in Beijing last year. Their tariff proposals have raised fears of a global trade war — and Europe worries it will be caught in the middle. Credit Doug Mills/The New York Times BRUSSELS — Virtually no one in Europe wants President Trump to plunge headlong into a trade war with China. But nearly everyone thinks that it is time to stand up to China’s closed markets and trade manipulation.
The European Union may not like Mr. Trump or the way he is doing things — but that does not mean it dislikes his aims when it comes to trading with China.
But Europe would also like the conflict to go away, fearing the bloc will be caught between the United States, its primary market and second-largest supplier, and China, its primary supplier and second-largest market.
The way to make that happen, it believes, is challenging China through negotiations within the existing trading system, avoi..