China’s 2025 Chip and Magnet Ban Elevates Trump‑Xi Stakes
Because of China's global export restrictions on rare earth permanent magnets and Nexperia chips in 2025, virtually **everyone** has a stake in the outcome of the upcoming Trump-Xi meeting. by @anniekbyx https://t.co/MX4XRhYr1h
Trump‑Xi Energy Deal Unlikely: China Won’t Depend on US
Unlike their 2020 phase one agreement, I am skeptical Chinese energy purchases will be a *meaningful* deliverable from Trump-Xi 2.0 for three reasons - Why would China increase its vulnerabilities, becoming dependent on a rival for energy - Trump can't commit to...
Latest US‑China Trade Data Signals Shifting Balance
Ahead of the Trump-Xi summit, my take on the most up-to-date US-China trade data 🤓 https://t.co/MAnUlGQUFl
Trump Says U.S. Oil Exports Need No Restrictions
President Donald Trump said there’s no need for any US export restrictions on oil or jet fuel to address US price increases sparked by the war with Iran. “We don’t need them,” he told reporters Thursday in Washington. “And we have...
Court Rules Trump Misused Decades‑old Trade Law for Tariffs
The Court of International Trade found that Trump had wrongly invoked a decades-old trade law when he applied those duties beginning in February. The president imposed the levies after his previous set of punishing tariffs was struck down by the...
AI Reaches White House Twice, Highlighting Strategic Risks
That AI has now climbed to the presidential level for a second time—across the Biden and Trump administrations—reflects a recognition that took root before Trump returned to office that the technology poses shared strategic risks requiring high-level engagement. by @Lingling_Wei https://t.co/9Odb2gkhUF
Packaging Costs Surge, Threatening Product Shortages
Prices of bags, containers, cups and utensils have all soared, sparking fears of shortages as manufacturers struggle to source packaging for products such as instant noodles, beverages and cosmetics. https://t.co/P0b2R0HC7X
Phase One Deal Failed: China Kept Tariffs, No Price Signals
One problem with Trump's first US-China managed ("phase one") trade deal is that China kept most all of its retaliatory tariffs in place, so its private sector never got any price signals to resume ties with American companies. Something obviously needs...
Weak OPEC Fuels More Frequent Global Boom‑bust Cycles
"A less effective OPEC might seem a blessing when prices fall, but it would force the world to endure more frequent booms and busts." by @JasonBordoff https://t.co/BwcxkY65AH
Book Launch in 3 Weeks, Introducing Trade War Film
My book is out in 3 weeks. Which means it’s time to pitch HOW TO WIN A TRADE WAR: The Movie 🎬 https://t.co/zyjeGN4HBD
BioNTech's Remarkable Vaccine Supply Chain: A Bittersweet Legacy
For those of us (OK, mainly me) obsessively tracking the details of BioNTech's *INCREDIBLE* vaccine supply chain buildout during COVID-19, this piece is bittersweet. What BioNTech achieved for humanity in 2020-21 is simply an incredible story. https://t.co/H0YcTszLjr
CBP Refund Portal Bars Small Businesses From Tariff Claims
Although US Customs and Border Protection was ordered by a court to set up a new system to refund levies after the president’s tariff regime was thrown out by the Supreme Court earlier this year, only the “importer of record”...
US-China Trade
Presidents Trump and Xi meet next week in Beijing. In preparation for that meeting, I visited the largest container port in North America, to get a status update on US exports to China. I also learned about the impact of...
Trump’s Market Play Mirrors Today’s Geopolitical Turbulence
As the Iran conflict drags on, one thing that is clear is that Trump’s approach to markets serves as a potent symbol of our age. Think on that when you next look at your portfolio. by @GillianTett https://t.co/hamJEQT8OT
China Pushes Policy to Curb Food Import Dependence
Why China worries about its agricultural dependence on the rest of the world, as well as Beijing’s new industrial policy efforts to ensure greater food self-sufficiency. by @Adam_Tooze https://t.co/xkVOHAeLog
US-China Trade Update: Imports, Exports, and Fentanyl Trends
Are you in the Washington, DC area on May 6, 2026, from 9:00–10:15 AM? Then JOIN US in person @PIIE for... “US-China Trade Update: Imports, Exports, Fentanyl Flows, and Beyond" ⚠️Warning. There will be charts. 📈📉📊 *REGISTER* for the in-person event here: https://t.co/y32DpPY3wJ
Semiconductor Boom: Chatting with Former CHIPS Act Lead
When @SoumayaKeynes and I were working on our book, semiconductors were the sector that *EVERYONE* kept talking about. I am so excited this week to chat with the incredible Dan Kim, who ran the CHIPS Act implementation office for the...
No USMCA Cuts Threaten Cheap Foreign Cars in US
If USMCA no longer exists or a renewed version doesn’t significantly reduce tariffs on cars and auto parts made in North America, some foreign carmakers might not be able to build and sell the cheaper cars for the US market by...
China Threatens EU Countermeasures over New Import‑protection Law
China has warned the EU that it will take “countermeasures” if its companies are hurt by a proposed new European law aimed at bolstering the bloc’s industry against cheaper imports. by @LeahyJoseph & Wenjie Ding https://t.co/nRqcmoJu9F
Canada’s USMCA Renegotiations Challenging Regardless of Trump
USMCA renegotiations were going to be tricky for Canada, even if there had been no Trump 2.0. My take, with the great @IanRAusten https://t.co/gThypf118R
Trump Tariffs Raise Costs; Families Miss Refund Benefits
Even though President Trump’s trade policies have led to higher prices for companies and consumers, many families aren’t in line to benefit directly from the coming tariff refund checks. by @TonyRomm https://t.co/DBAw7u1SUe
Trump’s Policy Flip Stalls US Chip Manufacturing Revival
Efforts to revive local chip manufacturing have been left in limbo by Donald Trump’s sudden upending of US semiconductor policy over the past year. Incredible reporting, by @MActon93 https://t.co/QkbBYaE5fT
Skip Congress, Master Trade Wars Now
Don’t be like Congress. Pre-order HOW TO WIN A TRADE WAR today 👉🏻 https://t.co/PACPloRlEK https://t.co/BOvyY6cN9i
Three Brilliant Reads Across Generations and Genres
Are You There God..., by @JudyBlume Diary of @WimpyKid, by Jeff Kinney Trade Wars by @SoumayaKeynes (Brilliant) https://t.co/VbWlPXAgAi
Trump Tariffs Squeeze Small Seat Cushion Maker
Section 301 tariffs IEEPA tariffs Supreme Court Section 122 tariffs How President Trump's tariff policy is affecting one small manufacturing company in Fall River, Massachusetts that just wants to make your seat cushions. https://t.co/e3N2oQk6Ix
US Pushes Mineral Price Floor, Threatens Tariffs on China
US wants club of countries to trade minerals at set minimum prices to protect their investments in mining/processing, and could hit outside producers — eg China — with steep tariffs or other barriers to prevent them driving down prices. by @Aime_Williams...
Trump Exempts Indian iPhones, Taxes Chinese Ones Heavily
"Tim would call me, but never too much, and I would help him where I could." My CHARTS illustrate one example Though Trump put 20% tariffs in March 2025 on iPhones made in China, he EXEMPTED iPhones made in India...
Tariff Rhetoric vs Reality: American Seat Cushions Suffer
As Soumaya and I researched our book, companies kept describing a disconnect between what the President said about tariffs and their everyday reality. I visited Fall River, Massachusetts to see exactly how made-in-America seat cushions were being caught up in Trump's...
Trump Admin Starts Returning $166 B in Revoked Tariffs
Today the Trump administration finally begins returning more than $166 billion (plus interest) collected from the tariffs the President imposed starting last year. The Supreme Court struck down those tariffs two months ago. by @TonyRomm & @AnaSwanson https://t.co/wpfqjsFTU5
Germany Shifts From Cars to Cannons Amid Export Slump
As its export model breaks down, Germany is pivoting from cars to cannons—and trying to turn industrial decline into a defense boom. by @bopanc https://t.co/jzaiTwR7LC
US and Europe Must Forge New Alliance to Survive
The only hope that either the US or Europe has of surviving the current geoeconomic moment is to create a new type of alliance by @RanaForoohar https://t.co/oIiiYPepz5
Lutnick Criticizes Canada as USMCA Review Begins
An amazing start to the USMCA review "Lutnick Blasts Canada Ahead of Trade Talks" by @AnaSwanson & @MatinaStevis NYT: https://t.co/pvaAvJtL94 https://t.co/ec6R2JH4Rx
China Ramps up Export Controls Ahead of US‑China Talks
China has increased its use of export controls, underlining Beijing’s willingness to leverage its power over supply chains as Xi Jinping prepares for talks next month with US President Donald Trump. by @leahyjoseph, @cheng_leng_ & Wenjie Ding https://t.co/oGe6739GIG
China's High‑tech Export Surge Reshapes Global Markets
China Shock 2.0: The Flood of High-Tech Goods That Will Change the World amazing deep dive into the data, from @rwmcmorrow, @Sam1Fleming, @pmdfoster & @leahyjoseph @FT 👉 https://t.co/6LLsSBXlUn https://t.co/o80ETCu1Ki
US Deficit and China’s Stalled Consumption Fuel Imbalances
If not the dollar, what are the main major drivers of current account imbalances today? - Unsustainable US federal budget outlook - China's failure to shift its economy further toward a non-deflationary, consumption-driven growth model by Maury Obstfeld https://t.co/jaLG9xmKuP
Trump's 100% Pharma Tariffs Threaten U.S. Drug Prices
Spent last year deep in supply chain security for my book—pharma near the top of the list for policymakers globally. Excited to dig into Trump's latest tariff announcement with @TomBollyky, one of the leading voices on trade, security, and public...
Aime Williams Unpacks Post‑Tariff Surprises and Court Impact
The very awesome @Aime_Williams joins the podcast to explain what happened since Trump’s April 2, 2025 TARIFF announcement, including SURPRISES buried in the US import and export data, as well what comes next after that momentous SUPREME COURT...
Tariffs Fail; Prioritize Productivity, Affordability, and Growth
Tariffs have not created manufacturing jobs. Smart economic strategy would stop measuring success by the number of assembly lines reopened & start with what raises living standards: productivity, affordability and economic growth. by @jasonfurman https://t.co/3AnFZhCNK6
Read This Essential Take on Trump's Tariff Anniversary
i might end up posting this 17 times today but if you only read one piece on the anniversary of Trump's Liberation Day Tariffs let it be this one, by Alan Beattie https://t.co/R5b5Z5FntW
US Imports Plunge in 2025 After Trump Tariffs
The one year anniversary of Trump's "Liberation Day" tariffs is Thursday (April 2). This pieces asks: What happened to US imports in 2025, in light of all of those Trump tariffs? If you 💕💕💕 charts, you will want to read 👇
US‑China Trade Collapse: Prospects for Recovery?
Really honored to join the National Committee on US-China Relations to chat about my latest research: U.S.-China Trade Collapsed. Can It Recover? 📺 https://t.co/WPRwLNqS2z https://t.co/DATDHcySKT
Trump Tariffs Are Strangling US‑China Trade, Data Shows
WSJ: How Trump’s Tariffs Are Choking U.S.-China Trade (with AMAZING charts) by @hannahmiao_ & @CloudberryRoque 🤓 👉🏻 https://t.co/vNeIUWWiqm https://t.co/GB3I7d35ly
China Launches Probes Into US Section 301 Investigations
Beijing’s commerce ministry said on Friday it was initiating two probes of its own looking into the US Section 301 investigations into China. by @leahyjoseph, Tina Hu & @AsiaLens https://t.co/LI97xXyn8V
US‑China Trade War Threatens 2025 Economy; Cooperation Needed
NEW: The US and China put parts of the global economy at risk in 2025 through their trade war over critical minerals & technology. Here I explore a novel path for Washington and Beijing to 'cooperate' over *HOW* they reduce their...
US‑China Trade Board Unprecedented; Washington Must Prepare
A new US-China “Board of Trade”? The world has never before seen an attempt to manage trade at this scale. If the US government wants to do this seriously, it really has to do its homework. by @AnaSwanson https://t.co/ooAO5hs8Jv
Hard-to-Shift Supply Chain Risks Loom Under Trump's 2026 Policies
With the easy bits of US-China supply chain decoupling now over, it is the hard-to-move parts that remain. Trump’s 2026 policy decisions have the potential to affect much of the world’s economic security. If he gets them wrong, the worst may...