Base erosion, profit shifting

Trump's policies keep chipping away at US innovation and competitiveness

Trump’s autarchic trade policies are backfiring yet again.

Tariffs on imports from China and efforts to block companies trading with China from receiving federal incentives are suffocating a nascent U.S. battery industry. Trump’s theory was that cutting trade with China would spark a manufacturing investment boom in the U.S. The problem is that the U.S. …