U.S. Trade Representative Robert Lighthizer stands behind U.S. President Donald Trump as Trump prepares to sign directives to impose tariffs on imported goods in the Oval Office at the White House in Washington, U.S. January 23, 2018.
Image Source: 
REUTERS/Jonathan Ernst
Featured
Protectionism

Trump Tariffs Primarily Hit Multinational Supply Chains, Harm US Technology Competitiveness

Mary E. Lovely (PIIE) and Yang Liang (Syracuse University)

The Trump administration’s Section 301 tariffs are an ineffective response to US concerns about China’s high-technology aspirations. They are a prime example of 20th century tools aimed at the knowledge-embodying trade flows of the 21st century. Instead, these tariffs disadvantage American producers and harm US allies operating in East Asia while missing the mark on penalizing Chinese domestic firms that may have misappropriated US and other advanced economies’ technologies.

Photo Credit: 
Photo Credit: REUTERS/Jonathan Ernst

Featured

China Economic Watch

China: Forced Technology Transfer and Theft?

Nicholas R. Lardy (PIIE)

April 20, 2018
China Economic Watch

How China Leapfrogged Ahead of the United States in the Fintech Race

Martin Chorzempa (PIIE)
April 26, 2018
Policy Brief

Five Reasons Why the Focus on Trade Deficits Is Misleading

Robert Z. Lawrence (PIIE)

March 2018
Get PIIE Updates

PIIE Recommends

China and US shipping crates, editorial image
Trade & Investment Policy Watch

Is Trump in a Trade War with China? An Up-to-Date Guide

Chad P. Bown (PIIE) and Melina Kolb (PIIE)
April 19, 2018
Chad P. Bown
Jeremey Tripp/PIIE
Op-Eds

Is the Global Trade System Broken?

Chad P. Bown (PIIE)
May 8, 2018
Miners at the American Energy Corporation Century Mine in Beallsville, Ohio
REUTERS/Joshua Roberts
Op-Eds

Who Turned Out the Lights?

Cullen S. Hendrix (PIIE)
May 7, 2018
U.S. President Donald Trump (R) and Japan's Prime Minister Shinzo Abe shake hands
REUTERS/Kevin Lamarque
Trade & Investment Policy Watch

US-Japan Trade Talks: The Dog that Did Not Bark

Jeffrey J. Schott (PIIE)
April 26, 2018
Peter G. Peterson
PIIE/Kaveh Sardari
RealTime Economic Issues Watch

A Visionary Leader: PIIE Mourns the Passing of its Founding Chairman

RealTime Economic Issues Editor (PIIE)
March 20, 2018

From Our Experts

Adam S. Posen

Adam S. Posen

President
Facing Up to Low Productivity Growth
Sustaining Economic Growth in Asia
An Ill-advised Trade War Could Turn Out to Be Trump's Afghanistan
Place holder photo

Lindsay Oldenski

Nonresident Senior Fellow
How Offshoring and Global Supply Chains Enhance the US Economy
Misconceptions on the Campaign Trail: Benefits of Trade Agreements
Misconceptions on the Campaign Trail: US Manufacturing
Nicolas Véron

Nicolas Véron

Senior Fellow
Completing Europe’s Banking Union Means Breaking the Bank-Sovereign Vicious Circle
Breaking the Stalemate on European Deposit Insurance
Charting Europe's Path Forward

PIIE Blogs

Belgian Prime Minister Charles Michel addresses the European Parliament in Brussels, Belgium, May 3, 2018.
REUTERS/Francois Lenoir
RealTime Economic Issues Watch

Europe’s Coming Game of Musical Chairs

Jacob Funk Kirkegaard (PIIE)
May 15, 2018
Trade & Investment Policy Watch

US-Japan Trade Talks: The Dog that Did Not Bark

Jeffrey J. Schott (PIIE)

April 26, 2018
China Economic Watch

How China Leapfrogged Ahead of the United States in the Fintech Race

Martin Chorzempa (PIIE)
April 26, 2018
North Korea: Witness to Transformation

Stephan Haggard and Mira Rapp-Hooper Preview the Summit on Lawfare

Stephan Haggard (PIIE)

May 7, 2018

Events

Pierre Moscovici (European Commission)
Event Recap

The European Conundrum: Can Economics and Politics Align in 2018?

Pierre Moscovici (European Commission)

April 19, 2018
Pierre Moscovici, European Commissioner for Economic and Financial Affairs, Taxation, and Customs, discussed “The European Conundrum: Can Economics and Politics Align in 2018?” on April 19, 2018. Commissioner Moscovici addressed whether divergent views in Europe can be reconciled to deliver a...
Upcoming Streaming Event

Strained Bedfellows: What We Can Do to Make Open Economies Inclusive

Tharman Shanmugaratnam (Deputy Prime Minister, Singapore)

May 30, 2018


PIIE Charts

How Is China Retaliating for US National Security Tariffs on Steel and Aluminum?

How Is China Retaliating for US National Security Tariffs on Steel and Aluminum?

Zhiyao (Lucy) Lu (PIIE) and Jeffrey J. Schott (PIIE)

April 9, 2018

Multimedia

Trade Talks Episode 0: Introduction to the Weekly Podcast
Peterson Perspectives

Trade Talks Episode 38: ZTE, Trump, and China—What’s the Fuss?

Featuring Soumaya Keynes (The Economist) and Chad P. Bown (PIIE)
May 18, 2018
Chad P. Bown
Short Videos

The 2018 Trade Investigations and the Trump Administration

Featuring Chad P. Bown (PIIE)
March 5, 2018
Monica de Bolle
Peterson Perspectives

Should the United States Sanction Venezuelan Oil?

Featuring Monica de Bolle (PIIE)
February 12, 2018
Peterson Perspectives
Peterson Perspectives

Coalition Agreement Is Germany’s and Europe’s Best Bet

Featuring Jeromin Zettelmeyer (PIIE) and Jacob Funk Kirkegaard (PIIE)
February 9, 2018
Martin Chorzempa
Peterson Perspectives

Fixing China’s Financial Credit System

Featuring Martin Chorzempa (PIIE)
February 5, 2018

Explore PIIE Topics

ChinaUnited KingdomGlobalizationGrowthCurrency ManipulationTaxesNorth American Free Trade AgreementProtectionismTrade DeficitTrade Policy


Bookstore

The Paradox of Risk: Leaving the Monetary Policy Comfort Zone

The Paradox of Risk: Leaving the Monetary Policy Comfort Zone

Ángel Ubide (Goldman Sachs)

October 2017
The Right Balance for Banks: Theory and Evidence on Optimal Capital Requirements

The Right Balance for Banks: Theory and Evidence on Optimal Capital Requirements

William R. Cline (PIIE)

June 2017