Updates / Trade

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By / 9.18.2018

Donald Trump promised that America would start “winning big on trade.” Trump vowed to keep “special interests” from rigging U.S. trade, pledged trade decisions would “benefit American workers and families,” and promised to confront trade violations by China. For the former Apprentice host, winning means that Trump picks the winners, tilting the scales for his […]

By / 8.9.2018

On July 17, 2018, the European Union and Japan formally signed a landmark agreement on trade. This watershed agreement underscores the strong desire of the EU and Japan to benefit their citizens and economies by aggressively pursuing open, rules-based trade. When ratified by their respective legislatures, the Economic Partnership Agreement (EPA) signed in Tokyo by […]

By / 7.17.2018

Here are a selection of PPI’s recent reports, op-eds and blog posts on global trade 2018  “Confronting China’s Threat to Open Trade,” (Ed Gerwin) (June 2018) Op-Ed in The Hill: “It’s time for Congress to step in and stop Trump’s trade abuses,” (Ed Gerwin) (June 2018) Op-Ed in The Hill: “’Go-it-alone’ trade strategies are neither […]

By / 7.17.2018

For millions of American fans, baseball’s All-Star Game is a welcome respite from the day-to-day challenges of budgeting for their families. But, as they watch tonight’s Summer Classic, it will be hard for American consumers and taxpayers to avoid the many reminders of the “Trump Trade Tax” — the higher costs that they’ll pay because of the […]

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

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 […]