That’s how an unidentified White House official characterized the impact of closing the southern border.
Category Archives: Trade Policy
Two Years of “Winning”: Messages from GDP, International Investment Releases
The release of the final release for GDP, and the international investment position provides an opportunity to assess progress on the trade war. I for one have gotten tired of “winning”.
“Integration or Disintegration? The Future of Global Governance and the Global Economy”
That’s the title of the La Follette School Spring Symposium, taking place this Wednesday, 1-6PM at the Wisconsin Memorial Union, ending with:
Guest Contribution: “Xi and Trump Miss a Chance to Expand Markets”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate on March 21st.
Why Haven’t Soybean Futures Recovered?
As Brad Setser noted last month, US, Brazilian and Argentine soybean prices have converged, suggesting the end of arbitrage profits.
This Is Winning?
The November trade release on US-China trade:
Continue readingSo Tired of Winning: US-China Trade Edition
Classes are about to start, so time to assemble slides on the trade outlook. I put together this graph of US goods exports to and imports from China (would’ve been through November, but for the Federal government shutdown – Jan 8 was release date). Please help me see the victory Mr. Trump keeps on talking about.
Continue reading“Re-examining the Effects of Trading with China on Local Labor Markets: A Supply Chain Perspective”
When Will Trump Deliver on the Trade War: Soybeans
Stock market meltdown, government closure, coup d’etat at DoJ, announced exit from Syria, maybe-exit from Afghanistan, tanks on the Russia-Ukraine border, DPRK still developing nukes, and Mattis departs. But at least we’re winning the trade war, right?
Continue readingUS Gets China to Agree to What It Was Going to Do Anyway
From NYT:
In a significant concession, Mr. Trump will postpone a plan to raise tariffs on $200 billion worth of Chinese goods to 25 percent, from 10 percent, on Jan. 1. The Chinese agreed to an unspecified increase in their purchases of American industrial, energy and agricultural products, which Beijing hit with retaliatory tariffs after Mr. Trump targeted everything from steel to consumer electronics.