Misrepresentations About International Trade: The Case of Apple’s iPhone

Posted on by Farok J. Contractor

© 2025, Farok J. Contractor, Distinguished Professor, Rutgers Business School This article is scheduled for publication in the Spring 2025 edition of the Rutgers Business Review. Abstract In  the present debates about US manufacturing and trade deficits, the case of the Apple iPhone provides several useful insights. Looking only at the US-China trade balance, the … Continue reading Misrepresentations About International Trade: The Case of Apple’s iPhone

Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right?

Posted on by Farok J. Contractor

© 2019 Farok J. Contractor, Rutgers Business School At 5 o’clock in the morning on August 5, 2019, unable to sleep, Trump tweeted about China—not for the first time accusing it of being a “currency manipulator,”[1] and describing this as a “major violation.” (See Figure 1 below.) Treasury Secretary Mnuchin followed with an official announcement … Continue reading Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right?