Some Questions about the Cambodia and Malaysia Trade Deals
The White House released the texts of trade agreements with Cambodia and Malaysia today. I have lots of questions about this.
Topic
Trump Administration
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Checking In On the Trump Administration's Drug Price Control Plans
Following up on two previous posts I did on this issue, let's see how the Trump administration's plan to push drug prices in the U.S. down while pushing drug prices in other countries up is going.
At the end of September, Trump announced "the
Stephen Miran on Tariffs and National Savings
In a speech earlier this week, Stephen Miran, who had been the Chair of the Council of Economic Advisers and is now a member of the Federal Reserve Board, made his case for a looser monetary policy. One aspect of his argument was that he thinks national savings will be
The Japan-U.S. Investment MOU: Centrally Planned Foreign Investment?
In the last post, Mona set out the basics of the Japan-U.S. MOU on "Strategic Investments" in the U.S. – or at least, a version of the MOU that was posted by the Japanese government online, although we don't know for sure if this
Have the Japanese turned investment lemons into investment project lemonade?
Last week, the governments of the United States and Japan completed a Memorandum of Understanding (MOU) to flesh out the details of a $550 billion pledge to invest in the United States made as part of the bargain to ‘buy down’ the tariffs imposed on Japanese traded products.
For months,
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
Matthew Schaefer on Trump Administration Trade Policy: A Historical Perspective and Key Questions & Takeaways
The following is an excerpt from a new Yeutter Institute piece by University of Nebraska law professor Matthew Schaefer entitled "Trump Administration Trade Policy: A Historical Perspective and Key Questions & Takeaways," offering a good roundup of a lot of the biggest trade policy issues out there at
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
Trump Pushes Big Pharma on Controlling U.S. Prices
Following up on a previous post of mine, let's check in on the Trump administration's efforts to lower drug prices in the U.S. market. A White House fact sheet from last week explains that "Trump sent letters to leading pharmaceutical manufacturers outlining the steps
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