Peterson Institute (PIIE) – Updates (all content)

Peterson Institute (PIIE) – Updates (all content)

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U.S./global macroeconomics, trade, monetary/fiscal analysis.

Tariffs Slashed US Musical Instrument Imports, but to What End?
NewsMay 26, 2026

Tariffs Slashed US Musical Instrument Imports, but to What End?

The Trump-era tariffs on musical instruments have climbed to a 16.6% effective rate in Q1 2026, nearly tripling the burden on pianos, strings and wind instruments. Import values dropped 20.4% year‑over‑year, especially for beginner‑grade gear, while domestic production failed to rise....

By Peterson Institute (PIIE) – Updates (all content)
The Adoption of AI by Industrial Sectors
NewsMay 21, 2026

The Adoption of AI by Industrial Sectors

Artificial intelligence is spreading unevenly across U.S. industries, with high‑skill, high‑pay sectors such as information services, finance, and professional services reporting over 30% adoption by late 2025. Larger firms (250+ employees) adopt AI faster, reaching roughly 12% usage versus 8%...

By Peterson Institute (PIIE) – Updates (all content)
How China’s Trade Is Holding Back Developing Countries (Episode 215)
NewsMay 19, 2026

How China’s Trade Is Holding Back Developing Countries (Episode 215)

In the latest Trade Talks episode, PIIE economists Chad Bown and Arvind Subramanian argue that China’s export‑driven model is increasingly constraining growth prospects for developing economies. They point to massive subsidies, overcapacity in sectors such as steel and solar, and...

By Peterson Institute (PIIE) – Updates (all content)
Europe's Trade War with China (Episode 214)
NewsMay 10, 2026

Europe's Trade War with China (Episode 214)

The European Union has intensified its trade dispute with China, launching anti‑dumping investigations and provisional tariffs on sectors such as solar panels, steel and rare‑earth magnets. Duties can reach up to 25 percent, aiming to counter perceived Chinese subsidies that distort...

By Peterson Institute (PIIE) – Updates (all content)
Chad P. Bown on the State of US-China Trade
NewsMay 8, 2026

Chad P. Bown on the State of US-China Trade

In a short video released ahead of the upcoming Trump‑Xi summit, PIIE senior researcher Chad P. Bown warned that bilateral trade between the United States and China has contracted sharply since the start of the second Trump administration. He highlighted that U.S....

By Peterson Institute (PIIE) – Updates (all content)
Eurobonds: Despite Objections, They Are More Needed than Ever
NewsMay 7, 2026

Eurobonds: Despite Objections, They Are More Needed than Ever

A coalition of the ECB, Bundesbank and several EU governments is backing a proposal to replace up to 25 percent of each member state's debt with Eurobonds. The plan would finance the swap through a revenue transfer of roughly 1 percent of...

By Peterson Institute (PIIE) – Updates (all content)
Chad P. Bown on What to Watch for at the Trump-Xi Summit
NewsMay 7, 2026

Chad P. Bown on What to Watch for at the Trump-Xi Summit

Chad P. Bown, senior research staff at the Peterson Institute, joined Fox’s LiveNOW to preview the upcoming Trump‑Xi summit. He highlighted that the meeting will intertwine economic issues with broader geopolitical power dynamics. Topics include the lingering U.S.–China trade dispute,...

By Peterson Institute (PIIE) – Updates (all content)
Does the EU-Mercosur Deal Help or Hurt Brazil’s AI Ambitions?
NewsMay 6, 2026

Does the EU-Mercosur Deal Help or Hurt Brazil’s AI Ambitions?

The EU‑Mercosur trade pact, effective May 1, eliminates tariffs on most goods between the EU and South American members but says nothing about artificial‑intelligence data, standards, or market access. Brazil’s AI strategy, the Plano Brasileiro de Inteligência Artificial, relies on building...

By Peterson Institute (PIIE) – Updates (all content)
Understanding China's Economy and the Housing Bust, with Tianlei Huang
NewsMay 6, 2026

Understanding China's Economy and the Housing Bust, with Tianlei Huang

On May 19, 2026, the Peterson Institute for International Economics hosted a virtual PIIE Insider LIVE chat featuring senior fellow Tianlei Huang. Huang discussed the evolution of China’s economy, from export‑driven manufacturing to the massive housing boom and its subsequent...

By Peterson Institute (PIIE) – Updates (all content)
Ups and Downs at the Port of Los Angeles (Episode 213)
NewsMay 3, 2026

Ups and Downs at the Port of Los Angeles (Episode 213)

The latest episode of Trade Talks, hosted by PIIE senior researcher Chad P. Bown, examines recent volatility at the Port of Los Angeles. Container volumes slipped 8% year‑over‑year in April 2026, while a brief labor‑contract dispute caused a three‑day slowdown...

By Peterson Institute (PIIE) – Updates (all content)
Trump's Latest Tariffs in Court: Are They About to Be Blocked?
NewsApr 30, 2026

Trump's Latest Tariffs in Court: Are They About to Be Blocked?

President Trump imposed temporary balance‑of‑payments (BOP) tariffs after the Supreme Court struck down his earlier IEEPA tariffs. The Court of International Trade heard oral arguments on two injunction requests and signaled that relief is unlikely. The tariffs, set at up...

By Peterson Institute (PIIE) – Updates (all content)
The EU-Mercosur Trade Agreement Is Finally Happening
NewsApr 30, 2026

The EU-Mercosur Trade Agreement Is Finally Happening

After more than two decades of negotiations, the EU and Mercosur bloc reached a provisional interim trade agreement that took effect on May 1. The pact creates a trade zone encompassing roughly 700 million consumers, lowering tariffs on a range of goods...

By Peterson Institute (PIIE) – Updates (all content)
How to Win a Trade War: Book Launch and Discussion with Bown and Keynes
NewsApr 30, 2026

How to Win a Trade War: Book Launch and Discussion with Bown and Keynes

The Peterson Institute for International Economics is hosting an online launch for the new book *How to Win a Trade War* by trade experts Chad P. Bown and Soumaya Keynes. The event will feature a discussion with WSJ chief economics commentator Greg Ip, exploring...

By Peterson Institute (PIIE) – Updates (all content)
Trump's Trade War Timeline 2.0: An Up-to-Date Guide
NewsApr 24, 2026

Trump's Trade War Timeline 2.0: An Up-to-Date Guide

The updated Trade War Timeline 2.0 chronicles every official U.S. trade action taken during President Donald Trump’s second term, which began in 2025. Authored by PIIE economist Chad P. Bown, the guide links to a public spreadsheet that details tariffs,...

By Peterson Institute (PIIE) – Updates (all content)
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