Chad P. Bown
Reginald Jones Senior Fellow, | Co-host podcast | Former policy: CEA, , | Tweets/RTs my own
Last synced from Twitter 630d ago
Morning Trade
POLITICO 878d 9 tweets
Commerce could sit on Section 232 reports — Trump to sing his NAFTA tune in Music City
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Chad P. Bown NO COUNTRY HAS STOPPED SHIPMENTS OF DRUGS TO THE UNITED STATES during the coronavirus pandemic, an FDA official told the Senate Finance Committee on Tuesday. By & 25h
Bloomberg - Are you a robot?
Bloomberg.com 3d 1 tweets
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Chad P. Bown Remember Trump's Phase Two with China? Those negotiations would tackle subsidies and SOEs, the reasons behind Trump's trade war... "Never mind the initial phase, what’s dying far more quickly is the idea that there can be any future ones." By 3d
Be wary of scapegoating ‘just-in-time’ supply chains
Ft.com 7d 2 tweets
Argument that diversifying or reshoring is necessary is easy to make but oversimplified
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Chad P. Bown The problem with arguing for domestic production of emergency products is that it encourages protectionism. Every sector portrays itself as strategically vital. Absurd, but where the logic leads. If everything is vital, nothing is vital. By 5d
US-China phase one tracker: China’s purchases of US goods
PIIE 17d 3 tweets
Hexuan Li provided outstanding data assistance, and William Melancon and Oliver Ward assisted with graphics.
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Chad P. Bown CHINA! Trump said China would purchase $200 bn more US exports in 2020-21. Where do things stand thus far? HEADLINE: China has bought less than 50% of the prorated year-to-date target.* __ *Official government statistics and terms of the legal agreement. 6d
All Roads to a Better Trade Deal Lead Through the WTO
Foreign Policy 7d 10 tweets
In Washington, efforts to withdraw from the trade body are gaining momentum. That would be a big mistake.
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Chad P. Bown America has some reasonable trade complaints about China. Unfortunately, Trump had to learn the hard way that his go-it-alone approach toward Beijing would not work. Why the United States now needs to run toward the WTO. My latest, with 7d
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Chad P. Bown In Congress, calls to withdraw from the WTO are gaining momentum. That would be a big mistake. From me this week, with 5d
Subscribe to read | Financial Times
Ft.com 7d 3 tweets
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
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Chad P. Bown The policy response to COVID-19 has been subsidies. Antidumping & antisubsidy lawyers are already grinning in anticipation of the billable hours to come. Equally worrying is misusing those tariffs as part of a new era of industrial policy By 7d
U.S. Effort to Depart WTO Gathers Momentum
Foreign Policy 8d 1 tweets
Both political parties are demonizing the world trade body, but many experts warn that such a move could seriously set back U.S. power and prestige.
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Chad P. Bown “In a globalized economy, the notion that you are better off with a power-based system is empirically wrong.” ⁩ with ⁦⁩ 8d
No, the Pandemic Will Not Bring Jobs Back From China
Foreign Policy 9d 5 tweets
The Trump administration says manufacturing jobs are coming home. The facts tell another story.
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Chad P. Bown For an administration that decries its opponents as “socialists,” Lighthizer and his comrades show a deep distrust of the underlying dynamism of the US economy. By 8d
COVID-19 and food protectionism
Voxeu.org 11d 3 tweets
Although initial conditions in global food markets in the face of COVID-19 pandemic are good, disruptions across countries most affected could reduce global supplies of key staples. This column shows
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Chad P. Bown Countries most affected by COVID-19 are top exporters of food. Many (eg, paddy rice, fish-processing) are labor-intensive and impacted by social distancing policy, worker morbidity etc. THEN the export restrictions... Research from et al 9d
Drugs and Vaccines Are Coming—But to Whom?
Foreign Affairs 16d 3 tweets
Successfully confronting a global pandemic demands more, not less, investment in multilateralism. During the COVID-19 crisis, the world must count on the WTO to keep critical supply chains open, prevent countries from engaging in export bans or...
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Chad P. Bown The WTO learned lessons from the AIDS crisis, which raised profound questions about the role of intellectual property rights during a pandemic, as well as the global community's responsibility to its most vulnerable members. By 16d
Neither Coronavirus Nor Trade Tensions Can Stop U.S. Companies’ Push Into China
Trefor Moss - WSJ 16d 3 tweets
Relations between the U.S. and China are at their lowest point in decades, and the Covid-19 pandemic has rattled consumers the world over. U.S. companies and brands are doubling down on China anyway.
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Chad P. Bown The 1.4 billion reasons American companies and brands are doubling down on China, despite US-China relations being at their lowest point in decades. By 16d
Bloomberg - Are you a robot?
Bloomberg.com 17d 2 tweets
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Chad P. Bown Are we entering the “do-nothing” phase of the Trump trade wars? Chinese purchases would have to accelerate significantly to hit the deal’s targets for 2020. By 17d
Covid-19’s blow to world trade is a heavy one
The Economist 21d 6 tweets
And pre-existing conditions seem to worsen the prognosis
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Chad P. Bown World trade: before, during, and after the pandemic. a Saturday long read, from 19d
Why did Trump end the WTO's Appellate Body? Tariffs.
PIIE 92d 2 tweets
From January 1, 1995 until December 10, 2019, the world trading system had a relatively reliable referee. If one government reckoned that another had broken the rules, then instead of lashing out immediately on its own, it could complain to the...
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Chad P. Bown Why did Trump end the WTO's Appellate Body? Tariffs. 21d
Can the Democrats Avoid Trump’s China Trap?
Nytimes.com 25d 6 tweets
The president wants a new cold war to deflect attention from his failures.
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Chad P. Bown Going abroad in search of monsters to destroy won't save Americans from pandemics, but it does risk entangling the United States in a new cold war with China. 24d
Agribusiness-led development and farming profits
Voxeu.org 45d 3 tweets
Nearly 80% of the world’s poorest inhabitants live in rural areas and labour in agriculture. Because they lack the productive assets or infrastructure needed to market their produce, strategies
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Chad P. Bown New evidence from Kenya that commercialisation of agriculture, via agribusinesses that wield monopsony power, need not raise income-earning opportunities for small farmers. By & Silvana Tenreyro 24d
Trump casts doubt on U.S.-China trade deal, contradicting his officials
POLITICO 27d 1 tweets
Over the past several years, Trump has often been more pessimistic than his advisers regarding the state of trade relations with China.
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Chad P. Bown Trump suggests Friday that he could abandon his trade deal with China, contradicting his USTR's statement from Thursday that "good progress is being made" and "both countries fully expect to meet their obligations under the agreement". By 27d
Export controls: America’s other national security threat
PIIE 28d 7 tweets
While the public was transfixed by the Trump administration’s policies alleging that imports were a threat to America’s national security during 2017–20, there was a concomitant and more quiet US policy shift on the export side.
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Chad P. Bown In the shadow of the trade war, the Trump administration has been tightening US export policy. It is becoming more difficult to sell many different products abroad. Will this hurt the US economy? Will it even protect national security? Brand new, from me 27d
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Chad P. Bown In the shadow of the trade war, the Trump administration has been tightening US export policy. It is becoming more difficult for Americans to sell many different products abroad. Looking for a (weekend) long read? My latest 👇🏾 26d
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Chad P. Bown In the shadow of the trade war, Trump has been tightening US export policy. It is increasingly difficult for US companies to sell certain products abroad. Will unilateral export controls hurt the US economy? Will they even protect national security? 24d
The Equitable Distribution of COVID-19 Therapeutics and Vaccines
Jamanetwork.com 28d 16 tweets
This Viewpoint proposes a framework for international cooperation among governments and organizations to replace competition and hoarding with equitable global distribution of COVID-19 therapeutics and vaccines as they are developed.
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Chad P. Bown Now is the time to hammer out an equitable global distribution, anticipating the arrival of COVID-19 fighting drugs and vaccines. By , Peggy Hamburg, 28d
Subscribe to read | Financial Times
Ft.com 28d 2 tweets
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
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Chad P. Bown In EU trade politics, attaching sanctions to environment / labor chapters has been a wedge issue. digs into why that may be changing. Me: Is Europe drawing lessons from the US and Democratic tweaks leading to bipartisan support for USMCA? 28d