36 Results for:

April 6, 2018

China
When Did the China Shock End? When Did the China Shock End?

Conventional wisdom among economists is that the China shock ended a decade ago. That is largely because the U.S. bilateral deficit with China has been fairly stable since 2007 (measured as a share o…

March 23, 2018

World Trade Organization (WTO)
WTO Meeting, Geneva Switzerland What's Next for the WTO?

President Trump’s decision to levy tariffs on China highlights concern about the ongoing role of the WTO and the future of global trade rules.

June 18, 2013

Financial Markets
C. Peter McColough Series on International Economics with Neil Irwin

Join Neil Irwin as he discusses the central bankers' role in the great financial crisis and the historical relationship between capitalism and the state. The C. Peter McColough Series on Internation…

March 6, 2018

United States
How Will the U.S. Fund its Twin Deficits? How Will the U.S. Fund its Twin Deficits?

Will there be a mismatch between what the U.S. wants to sell (Treasuries) and what the world wants to buy?

November 3, 2017

Budget, Debt, and Deficits
The American flag flies over the New York Stock Exchange U.S. Corporate Tax Reform

President Trump has vowed to pass corporate tax reform in 2017, but Congress must still navigate complex negotiations over how to reduce rates and subsidies, as well as whether to tax profits made ab…

July 30, 2008

Trade
Trade Liberalization

Overview The news that the Doha Round of the World Trade Organization has broken down in Geneva has made many Americans pessimistic about the future of multilateral trade agreements. Politicians o…

October 17, 2017

United States
Chinese steel factory The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

April 26, 2017

United States
U.S. President Donald Trump holds up a directive ordering an investigation into the impact of foreign steel on the American economy after signing it. Foreign Policy in the First Hundred Days of Trump

As President Donald J. Trump approaches his hundredth day in office, the Council on Foreign Relations (CFR) and Foreign Affairs offer resources and analysis on the new administration’s foreign policy…

March 8, 2017

United States
The January U.S. Trade Data The January U.S. Trade Data

Over the last year, U.S. import growth stalled. Capital goods imports did nothing—in part because of weakness in non-residential investment. And consumer goods imports were flat. That appears to hav…

February 14, 2017

China
How Serious Is the Threat to Global Financial Stability From a Border-Adjustment Tax?

Neil Irwin’s column on the border-adjustment tax spurred an interesting debate. Irwin notes that a 25 percent rise in the dollar (or even a somewhat smaller rise) would have an impact outside the Uni…