James A. Dorn is Vice President for Monetary Studies and Senior Fellow at the Cato Institute. His articles have appeared in The Wall Street Journal, Financial Times and South China Morning Post. He has testified before the U.S.-China Security Review Commission and the Congressional-Executive Commission on China.
James is the Vice President for CATO academic affairs, editor of the Cato Journal, and director of Cato's annual monetary conference. His research interests include trade and human rights, economic reform in China, and the future of money.
www.cato.org
Author Article List
U.S. Treasury’s Currency Report on China is a Case Study in Political Manipulation
- Published on Monday, January 20, 2020
The recent U.S. Treasury’s semi-annual report on the exchange rate policies of China and other major trading partners is an exercise in intellectual gymnastics. The report reiterates that China was indeed a currency manipulator, as Treasury declared in August 2019, but then stated it has magically ceased to be one just prior to the two nations signing the “Phase One” trade deal in Washington.
American capitalism: Improve it or lose it in the 2020s
- Published on Monday, January 13, 2020
In 2019, the U.S. unemployment rate reached record lows while the stock market hit record highs. But not everyone has benefitted. According to a recent report by the Pew Research Center, most Americans believe the economy is helping the rich, while hurting the middle class and poor. What does this mean for the future of U.S. capitalism?
Trump’s “Phase 1” Deal with China Promotes US Exports in the Wrong Way
- Published on Friday, December 20, 2019
A novel feature of the Trump administration’s “Phase 1” trade deal with China announced December 13, is that it would require China to increase its purchase of US goods and services by a total of $200 billion in the next two years. It’s a demand that, even if met, won’t accomplish President Donald Trump’s China-trade goals of promoting US exports and liberalizing the Chinese economy.
Trump’s Trade Policy Has Produced Damaging Tariffs but Little Else
- Published on Saturday, December 07, 2019
Americans are about to enter the third full year of President Donald Trump’s aggressive tariff regime, which aims to promote US manufacturing, protect key industries, and prompt other nations to reduce their trade barriers. So, it’s a good time to stop and ask whether tariffs are producing the results desired by the president and other supporters of his trade policies.
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