Chad P. BownTrump administration says it won't back consensus candidate, Dr Ngozi Okonjo-Iweala, to become new leader of the World Trade Organization, throwing process into flux.
by @BBaschuk
80d
President Donald Trump has staked a claim to success in his trade war with China on his phase one trade agreement of January 2020.
4
Chad P. BownAs the election approaches, mounting evidence indicates the US-China deal is failing to live up to Trump’s $200 billion purchase pledge. No single reason explains why, but 15 products help tell the story.
My latest
81d
Chad P. BownTrump’s new NAFTA has not provoked an investment surge. From 2013-16 automakers announced US investments of $47.3 bn. From 2017-19, it was $38.3 bn.
Investment goes with market growth, and US auto sales peaked in 2016.
FACTS with @KDziczek & @SDonnan
81d
A stumbling effort to prop up the domestic generic drugs sector underscores the challenges of a Trump administration industrial policy.
1
Chad P. BownTrump's Kodak project highlights risks inherent in the type of industrial policy that the United States has traditionally avoided but that other nations have tried to employ (and that mostly ends in failure).
By @AnaSwanson, @ARappeport & @GlennThrush
81d
What have the president’s threats and deals achieved?
1
Chad P. BownFour years ago, what Trump would actually do on trade policy was still an unknown. So much happened since, you may have blocked some of it from memory.
Here's why you shouldn't do that.
By @SoumayaKeynes
85d
Many in agriculture say they believe a Biden presidency would bring stricter environmental regulations and higher taxes than the incumbent. “I’ll take the good with the bad.”
1
Chad P. BownPoll by Farm Futures found 75% of farmers surveyed in July planned to vote for Trump, compared with 72.6% ahead of the 2016 election.
By @JacobBunge
88d
The U.S. government is embarking on a push to persuade developing countries to shun Chinese telecommunications equipment, offering financial assistance to use alternatives that Washington says are safer and have fewer strings attached.
1
Chad P. BownUS to subsidize African countries' purchases of telecom gear made by firms from Sweden, Finland and South Korea to incentivize them not to purchase from Huawei and ZTE.
(US does not have a telecom gear manufacturer of its own to subsidize.)
89d
How to navigate when you should and shouldn’t hug someone — and how not to hold on too long.
1
Chad P. Bown‘Hugs are good for humans — perhaps more valuable than many of us realized, until we found ourselves missing them.’
THIS is the pandemic story I’ve been waiting for.
The science of hugs,** by @ACShilton
__
**also sometimes hugs are not OK.
91d
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1
Chad P. BownHere @PIIE we have been thinking HARD about practical ways for policymakers to help rebuild the global economy.
On October 20, we launch our new project titled, coincidentally, Rebuilding the Global Economy.
Watch this space, and subscribe for updates... piie.com/subscribepic.twitter.com/pTqJ2MuTKp
93d
2
Chad P. BownTOMORROW (!!!) is the launch of our new @PIIE project, Rebuilding the Global Economy!
Concrete solutions for how policymakers can create a more inclusive world economy.
Subscribe for #PIIERebuilding updates: piie.com/subscribepic.twitter.com/GDMzic5BIv
88d
Trump’s trade representative joined the administration with one mission: Bring factory jobs back from overseas. The results so far? Endless trade wars, alienated allies, and a manufacturing recession.
The Trump administration has implemented a series of export controls targeting Chinese telecommunications giant Huawei.
1
Chad P. BownSemiconductor supply chains are complex. The Trump administration is attempting to disrupt them with export controls. The unintended consequences could be profound.
95d
The agency was awarded the prize for providing food assistance to millions around the world, particularly during the coronavirus pandemic.
1
Chad P. BownUnited Nations World Food Program, established in 1961 after a proposal by US President Eisenhower, helps people affected by some of the world’s most devastating humanitarian disasters.
In 2020, it won the Nobel Peace Prize.
99d
Peterson Institute’s Chad Bown talks about how the U.S.-China trade deal is good for election, but does little to resolve issues of the trade war
1
Chad P. BownTHIS analyst says the US-China trade deal targets were always ‘too aspirational’.
(video feat. analyst with bad haircut saying this included no extra charge)
100d
The move means other drugmakers or governments wouldn’t need to fear that Moderna would try to block any other Covid-19 vaccines the company argues are based on any proprietary technology.
1
Chad P. BownModerna won’t enforce its patents related to its Covid-19 vaccine during the pandemic. Removes fears that Moderna would try to block other drugmakers or governments from other Covid-19 vaccines based on the company's proprietary technology.
By @Loftus
100d
Chad P. BownWTO members reportedly settle on two final candidates -- Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee -- to advance to final round of campaign to be the next leader of the organization.
By @BBaschuk
101d
As the trade war continues, China hasn't purchased nearly as many exports from the United States as it previously agreed to. There was one bright spot though: semiconductors — but that may soon change.
1
Chad P. BownTrump suddenly makes it harder for US companies to export semiconductors & equipment, not only to China. National security concerns, yes. But this particular approach could backfire.
My chat with @CardiffGarcia for @TheIndicator
🎙️ PODCAST 🎙️ [9 min]
101d
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
1
Chad P. BownCome for an update on WTO director general race, stay for a hard-hitting interview about supply chains, FDI and the future of work with the very great @BJavorcik
By @AlanBeattie
103d
President Donald Trump’s much-touted “phase one” trade agreement with China is falling well short of its goal. Under the deal, Trump pledged that China would purchase an additional $200 billion of US exports over 2020 and 2021.
1
Chad P. BownThe Trump administration has been quietly putting increasingly strict limits on American exports of high tech products. Not only to China, but also to American allies. If done wrong, the consequences are profound.
My long read from this week
105d
Through the first eight months of 2020, semiconductors and the equipment required to produce them constituted nearly 25 percent of China’s total imports of goods covered by the phase one agreement with the United States.
1
Chad P. BownAt current pace, China is already falling short of buying the US exports Trump pledged under his "historic" Phase One deal. But without the buoyancy of the US semiconductor industry exports, China’s purchases for 2020 will slip farther out of reach.
107d
1
Chad P. BownChina is falling short of buying the US exports Trump pledged under his "historic" Phase One deal. By taking away US semiconductor exports with his administration's additional export controls, those pledges for 2020 slip even farther out of reach.
103d
Chad P. BownWTO reportedly gives EU right to impose tariffs on $4 bn of US exports over illegal US subsidies to Boeing.
US already retaliating over EU subsidies to Airbus.
Ruling sets scene for US & EU to negotiate an end to this long-running mess.
By @BBaschuk
108d