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April 12, 2024

United States
Election 2024: The United States Is Facing a Second China Shock

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: China’s effort to solve its economic woes by doubling down on exports is creating a policy challeng…

Chinese Imports

April 18, 2024

United States
Baltimore Bridge Collapse Tests U.S. Supply Chains

The response to the temporary closure of the Port of Baltimore—from a deadly tanker collision—demonstrates the resilience of U.S. supply chains despite fears of costly disruptions.

A zoomed out view of the a cargo ship and the remains of a bridge, with a harbor in the background.

April 2, 2024

Economics
Local Leaders in the Global Economy

Many Americans are losing faith in the benefits of internationalism. On this episode of Why It Matters, experts discuss the important role state and local leaders play in global affairs.

Podcast California Governor Newsom and Australian Ambassador Rudd meet to sign climate pact.

April 17, 2024

RealEcon
Onshoring Semiconductor Production: National Security Versus Economic Efficiency

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? 

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

October 22, 2019

Trade
The October Truce on U.S.-China Trade Failed to Address Subsidies

Concern that China's subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced …

U.S. China Currency

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

January 22, 2024

United States
Responsible Consensus at the WTO Can Save the Global Trading System

The United States needs to convince holdouts such as India to support the concept of plurilateralism.

WTO

April 8, 2008

Arctic
Policy Framework for Managing Canada's Fisheries and Oceans

Testimony on Policy Framework for Managing Canada's Fisheries and Oceans.