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Trump Administration

27 posts

U.S. State Capitalism as a Response to Chinese State Capitalism

In an interview last week, David Faber of CNBC pressed Commerce Secretary Howard Lutnick on several Trump administration actions that could be characterized as "state capitalism": Faber: As somebody who's been around the capital markets for years, as you have been, I do wonder, how do

Jamieson Greer on Remaking the Global Trade Order

U.S. Trade Rep. Jamieson Greer had a NY Times op-ed yesterday entitled "Why We Remade the Global Order." I have a few reactions to specific things he said. I'll quote some points from the op-ed and then give a brief response. Greer: Our current, nameless

Enforcing the Market Opening Commitments in the Trump Trade Deals

In an interview with Bloomberg last week, U.S. Trade Rep. Jamieson Greer was asked about enforcement of all the recently negotiated trade deals: Question: On implementing those deals ... you mentioned that you would be looking and monitoring them for any violations. How will this administration judge what is a

Will Trump's Trade Deals Increase U.S. Exports?

One of the criticisms of the Biden administration on trade policy was that it didn't put enough effort into improving access for U.S. producers to foreign markets. The Trump administration, by contrast, has made this one of its priorities. But will its approach to market access work?

To What Extent Are the Trade Negotiations about Security?

On the face of things, the trade negotiations triggered by President Trump's unilateral actions are focused on various trade-related objectives. Trump thinks higher U.S. tariffs are a good way to do some mix of the following: reshore domestic manufacturing, reduce the U.S. trade deficit, and increase

How Many Trade Deals Do We Have So Far?

Back in April, with the 90 day pause on Trump's reciprocal tariffs scheduled to end at midnight on July 8, a Trump administration official suggested they could sign "90 deals in 90 days." At that time, I noted here on the blog that I had said

What to Expect When You’re Expecting a Trade Deal

There is widespread speculation about trade agreements that may be coming in the next 10 days (or soon after), including their form and what they might contain. What should we expect? The most reliable rumors are that some agreements have been drafted and are likely to be announced by the

How Will the Trump Administration Approach the WTO and WTO Dispute Settlement?

At a hearing on Tuesday to consider the nomination of Joseph Barloon to be the Deputy U.S. Trade Representative in Geneva (and Ambassador to the WTO), there were some questions about the Trump administration's views of the WTO in general, as well as WTO dispute settlement and

Fighting the Trade Narratives: "Unfettered" Liberalization and "Reckless and Dogmatic" Free Trade

This is my second post about the questions for the record with U.S. Trade Rep. Jamieson Greer from his April 8 Senate Finance Committee testimony. Senator Warren (D-MA) asked this question: In the last recession, 700,000 American workers lost their jobs each month. While the President has paused

A Few Questions and Answers (and Then More Questions) about Trump's Trade Deals

As part of the questions for the record for U.S. Trade Rep. Jamieson Greer after he testified before the Senate Finance Committee on April 8, there was an interesting exchange between Senator Ron Wyden (D-OR) and Greer related to any trade deals resulting from the IEEPA "reciprocal"