Press / Trade

Press

By / 6.20.2018

The President’s blunt goal of reducing America’s trade deficit with China won’t address the threat of China’s high-tech mercantilism WASHINGTON —The Progressive Policy Institute (PPI) today released a new report by Ed Gerwin, Senior Fellow for Trade & Global Opportunity, proposing a smart, targeted long-term U.S. strategy to combat China’s state-directed technology mercantilism, instead of […]

By / 6.15.2018

Ed Gerwin, Senior Fellow for Trade and Global Opportunity at the Progressive Policy Institute, released the following statement in response to the Trump Administration’s announcement of new tariffs on Chinese-origin imports and China’s announced retaliation: “China’s technology mercantilism is a serious threat to America’s economic future that requires a tough and effective American response, but […]

By / 6.14.2018

When the Social Security and Medicare trustees warned last week that both programs are on tenuous financial footing, Treasury Secretary Steve Mnuchin said: “The administration’s economic agenda — tax cuts, regulatory reform and improved trade agreements — will generate the long-term growth needed to help secure these programs and lead them to a more stable path.” He […]

By / 6.6.2018

Donald Trump and his court appear to believe that the president has near absolute power over trade. After Trump ordered tariffs on imported aluminum and steel, Commerce Secretary Wilbur Ross noted that Trump could alter the tariffs or impose quotas or “do anything he wishes at any point.” Trump recently launched an investigation to limit […]

By / 3.12.2018

Donald Trump loves walls and he loves tariffs, which are walls of another kind – barriers to open trade. In his mind, walling off the outside world is the key to making America great again. From this warped perspective, his decision last week to slap tariffs on steel and aluminum imports makes perfect sense. But […]

By / 3.8.2018

On March 1, after weeks of “absolute chaos” within his administration, Trump held a hastily arranged “listening session” with metals executives. Trump announced — to the surprise of his staff — that he’d be imposing import tariffs of 25 percent on steel and 10 percent on aluminum, and that these tariffs would last “a long period of time.” Trump […]

By / 3.8.2018

The remaining 11 countries are to sign a renegotiated deal Thursday. U.S. companies will suffer. When President Trump announced the U.S. would pull out of the Trans-Pacific Partnership in January 2017, he likely thought he’d consigned the proposed trade pact to history’s dustbin. After all, America was by far the largest and most influential country […]

By / 2.20.2018

Responses to President Trump’s imposition of tariffs on Chinese solar panels fall into two general camps. One holds that Chinese solar manufacturing subsidies are so egregious as to require U.S. tariffs to deter additional subsidies by Beijing. Others believe the action is really just free-trade political posturing by Trump, and in practice, amounts only to a […]

By / 12.19.2017

It’s been a surreal political year, but PPI has much to celebrate this holiday season. Throughout 2017, we expanded our productive capacity and the scope of our political and media outreach significantly. For example, PPI organized 150 meetings with prominent elected officials; visited 10 state capitals and 10 foreign capitals, published an influential book and […]

By / 11.15.2017

The president is making moves to terminate NAFTA without considering the economic and legal repercussions. Donald Trump has few positive achievements as president. But the man famous for firing people has certainly shown a knack as a terminator: Trump has withdrawn the United States from the Paris Agreement and the Trans-Pacific Partnership and terminated a […]