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Why do politicians lie about trade, and what can we do about it? piie.com/events/2024/wh… via Peterson Institute

These four pinocchios are well justified! Nice overview of the consensus view that tariffs raise prices, from Glenn Kessler. Trump and Vance’s false and misleading rhetoric on tariffs wapo.st/479qW7v

(1/3) Of course Erica York knows this well, but even if foreigners "wrote the check", tariff incidence would still fall on US consumers, since world prices are set on world markets, and foreign sellers won't sell to US for less than they can get in other countries.

The US did gain from trade with China — but many of the gains are parked offshore. Kimberly Clausing unpacks the role of tax policy in this informative new piece 👇🏻

🧵 (1/8) My new piece in EconPol concerns the fiscal policy stakes in 2024. Trump and Harris are very different re. (a) fiscal responsibility (b) tax fairness (c) key tax priorities (corporate tax, clean energy, and IRS) and (d) the role of tariffs. cesifo.org/en/publication…

Great lecture! Jason was asked if globalization⬆️US inequality & losers not compensated. His answer: after-tax inequality⬇️since 2000 (when China enters WTO) and strengthening safety net (Obamacare, SNAP) has not led to social cohesion. Standard narrative very misleading

Cool new paper on internal trade barriers in India. Reminds us not to take the US single market for granted.

Scott Kennedy will host the discussion with Logan Wright (Rhodium Group), Mary Lovely (Mary Lovely 🇺🇦), Brian McCarthy (Brian McCarthy), and Craig Allen (US-China Business Council). You can submit your questions in advance or during the event here: csis.org/events/chinas-…

is Elon the new Boss Tweed? nytimes.com/2024/10/07/us/… via @NYTimes

Terrific interview of Maurice Obstfeld by Michael W. Klein with EconoFactOrg, discussing in part our recent rebuttal of the Oren Cass Atlantic piece. My thread & the rebuttal linked in next tweet. econofact.org/podcast/what-p…

My parents (devout Catholics) would be ashamed. The Smith dinner should choose another way to invite speakers. washingtonpost.com/politics/2024/…

Tariffs are still taxes. Trump's proposed 20% across-the-board tariff plus 60% on imports from China would cost a typical household over $2,600 per year. #PIIECharts More: piie.com/research/piie-…

"We certainly expect there will be retaliation to the type of broad-based tariffs that Trump is proposing this time around." Mary Lovely 🇺🇦, a senior fellow at Peterson Institute, says higher U.S. tariffs will raise costs for businesses and consumers.

NEW: Mary Lovely 🇺🇦 joins Monica de Bolle on our new podcast Policy for the Planet to discuss electric vehicles, how auto supply chains are changing, what it will take to get people to switch to EVs, & more. Listen here or wherever you get podcasts: sites.libsyn.com/531482/the-glo…

Join us!

.Mary Lovely 🇺🇦 joins Monica de Bolle on our new podcast Policy for the Planet to discuss electric vehicles, how auto supply chains are changing, what it will take to get people to switch to EVs, & more. Listen here or wherever you get podcasts: sites.libsyn.com/531482/the-glo…

WATCH: Mary Lovely 🇺🇦 discusses President Biden's final meeting with Chinese President Xi Jinping, as well as President-elect Trump's tariff plans & what they mean for the US economy on Bloomberg TV: bloomberg.com/news/videos/20…

Newly reappointed Dr Ngozi kicks off the 2024 Next Step conference in Singapore. ⁦Peterson Institute⁩ ⁦Lee Kuan Yew School of Public Policy⁩

nytimes.com/2025/01/31/bus… via @NYTimes

Hard hitting piece by former ⁦⁦Maxwell School⁩ colleague ⁦Mary Lovely 🇺🇦⁩ on harm caused to citizens of US & other countries (& American international alliances) but strengthening of China through arbitrary, mindless trade policy. A must read. nytimes.com/2025/02/14/opi…