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William Hauk

Associate Professor of Economics, University of South Carolina

I am an Associate Professor of Economics at the Darla Moore School of Business at the University of South Carolina, where I teach international trade and intermediate macroeconomics. I do research on issues related to international trade, political economy, and economic growth.

Brexit could spell the end of globalization, and the global prosperity that came with it

Jan 14, 2020 23:38 pm UTC| Insights & Views Economy

The U.K. House of Commons has finally voted for Brexit. If the plan passes the House of Lords without much delay, the U.K. will leave the European Union several years after a 2016 referendum set it down this path. More...

How Congress lost power over trade deals – and why some lawmakers want it back

Jul 10, 2019 03:24 am UTC| Insights & Views

Some in Congress want to wrest control of trade policy back from the president. It might surprise you to learn that lawmakers ever had it. Until the 1930s, it was Congress that set the terms of U.S. trade negotiations...

Why Trump's threat to slap tariffs on foreign steel is a bad idea

Jul 18, 2017 12:35 pm UTC| Insights & Views Economy

During the 2016 presidential campaign, Donald Trump attracted a lot of support by promising to restore jobs to the American manufacturing sector. One sector that has been hit hard by purportedly unfair foreign...

Economy

Oil Prices Surge Amid U.S.-Iran Tensions and Strait of Hormuz Supply Concerns

Oil prices climbed sharply during early Asian trading on Monday, building on strong gains from the previous week as geopolitical tensions between the United States and Iran showed little sign of easing. The lack of...

US Stock Futures Steady as Oil Prices Surge and Big Tech Earnings Loom

U.S. stock index futures showed little movement Sunday night following record-breaking closes last week, as rising oil prices and stalled U.S.-Iran negotiations weighed on investor sentiment. Market participants are now...

U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets

Geopolitical tensions between the United States and Iran continue to intensify, significantly impacting global energy markets and international diplomacy. U.S. naval forces recently intercepted a sanctioned vessel, the M/V...

Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics

The Canadian dollar (CAD) has demonstrated notable resilience among G10 currencies in recent weeks, even as domestic economic data shows signs of softness. According to Goldman Sachs, this strength comes despite...

U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise

Hopes for a diplomatic breakthrough in the ongoing U.S.-Israel conflict with Iran have faded as negotiations remain stalled, prolonging uncertainty in global markets and geopolitics. Efforts to end the two-month conflict...

Politics

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

China Conducts Live-Fire Drills Near Luzon as U.S.-Philippines Balikatan Exercises Expand

China recently carried out military drills, including live-fire exercises, in waters east of Luzon Island in the Philippines, highlighting rising tensions in the South China Sea. The announcement came as the United States...

US-Iran Tensions Rise as Nuclear Talks Stall and Strait of Hormuz Crisis Deepens

Global attention has shifted back to escalating US-Iran tensions as diplomatic efforts to end the ongoing conflict show little progress. President Donald Trump stated that Iran could initiate negotiations if it is willing...

King Charles to Join NYC Mayor at 9/11 Memorial During U.S. State Visit

New York Mayor Zohran Mamdani is set to join Britains King Charles in a solemn wreath-laying ceremony at the 9/11 memorial during the monarchs upcoming visit to the United States. The event will take place at the World...

Bennett and Lapid Unite to Challenge Netanyahu in Upcoming Israeli Election

Two of Israeli Prime Minister Benjamin Netanyahus strongest political rivals, Naftali Bennett and Yair Lapid, have announced a strategic alliance aimed at unseating his government in the anticipated Israeli election later...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...