U.S. President Donald Trump poses as he signs a presidential proclamation placing tariffs on steel and aluminum imports while surrounded by workers from the steel and aluminum industries at the White House in Washington, U.S. March 8, 2018.
Image Source: 
REUTERS/Leah Millis
Featured
Protectionism

Measuring Trump's 2018 Trade Protection: Five Takeaways

Chad P. Bown (PIIE) and Eva (Yiwen) Zhang (PIIE)

President Donald Trump’s 2018 tariff spree has resulted in 14.9 percent of US imports now being covered by some sort of special trade protection. Most of those affected imports were hit by Trump’s own actions. But some had already been subjected to tariffs imposed in previous administrations, with the Trump tariffs added on top. This fact complicates not only the challenge of measuring the impact of Trump’s actions so as to avoid double counting but also the implications for retaliation.

Photo Credit: 
REUTERS/Leah Millis

Featured

Trade & Investment Policy Watch

Trump’s Trade War Timeline: An Up-to-Date Guide

Chad P. Bown (PIIE) and Melina Kolb (PIIE)

December 1, 2018
Trade & Investment Policy Watch

Navarro Asks Congress to Give Trump Absolute Authority over the US Tariff Schedule

Gary Clyde Hufbauer (PIIE) and Euijin Jung (PIIE)
January 18, 2019
Trade & Investment Policy Watch

EU Proposals to Resolve the WTO Appellate Body Crisis Represent Partial Progress

Tetyana Payosova (Van Bael & Bellis), Gary Clyde Hufbauer (PIIE) and Jeffrey J. Schott (PIIE)
December 10, 2018
Get PIIE Updates

PIIE Recommends

What Is Globalization?
PIIE/William Melancon
Trade & Investment Policy Watch

What Is Globalization?

Trade and Investment Policy Watch Editor (PIIE) and Melina Kolb (PIIE)
October 29, 2018
United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington in this November 14, 2014, file photo.
REUTERS/Gary Cameron/Files
Policy Brief

Public Debt: Fiscal and Welfare Costs in a Time of Low Interest Rates

Olivier Blanchard (PIIE)
February 2019
Featured: The State Strikes Back: The End of Economic Reform in China?
Book

The State Strikes Back: The End of Economic Reform in China?

Nicholas R. Lardy (PIIE)
January 2019
Representatives of members of Trans-Pacific Partnership (TPP) trade deal pose for an official picture after the signing agreement ceremony in Santiago, Chile, March 8, 2018.
REUTERS/Rodrigo Garrido
Policy Brief

China Should Join the New Trans-Pacific Partnership

Peter A. Petri (PIIE) and Michael G. Plummer (Johns Hopkins University and East-West Center)
January 2019
Trade Talks Episode 0: Introduction to the Weekly Podcast
Peterson Perspectives

Trade Talks Episode 70: Nicholas Lardy on the Chinese Economy

Featuring Soumaya Keynes (The Economist), Chad P. Bown (PIIE) and Nicholas R. Lardy (PIIE)
January 30, 2019

From Our Experts

Adam S. Posen

Adam S. Posen

President
Facing Up to Low Productivity Growth
US-China Economic Relations: From Conflict to Solutions—Part II
The Future of the Global Economy: Integration or Fragmentation?
Nicholas R. Lardy

Nicholas R. Lardy

Anthony M. Solomon Senior Fellow
Trade Talks Episode 70: Nicholas Lardy on the Chinese Economy
Book Launch: The State Strikes Back: The End of Economic Reform in China?
Chinese Investment Has Tilted Back Towards State-Owned Firms
Jason Furman

Jason Furman

Nonresident Senior Fellow
Confronting Inequality: How Societies can Choose Inclusive Growth
Adjusted for Aging, the US Employment Rate Continued to Rise Above Its Pre-Recession Level in 2018
The Case for Pausing the Interest-Rate Climb

PIIE Blogs

People walk past a pro-Brexit protester outside the Houses of Parliament, after Prime Minister Theresa May's Brexit deal was rejected, in London, Britain, January 16, 2019.
REUTERS/Henry Nicholls
RealTime Economic Issues Watch

Brexit Goes to the Brink

Jacob Funk Kirkegaard (PIIE)
February 13, 2019
Trade & Investment Policy Watch

Next Up in the Trade Wars: Autos

Jeffrey J. Schott (PIIE)

February 21, 2019
China Economic Watch

The Growing Popularity of Chinese Social Media Outside China Poses New Risks in the West

Claudia Biancotti (PIIE)

January 11, 2019
North Korea: Witness to Transformation

Stephan Haggard Q and A on the Singapore Summit and Aftermath

Stephan Haggard (PIIE)
July 9, 2018

Events

Timothy Lane (Bank of Canada)
PIIE/Jeremey Tripp
Event Recap

The Canadian Approach to Foreign Reserve Management

Timothy Lane (Bank of Canada)

February 6, 2019
Timothy Lane, deputy governor of the Bank of Canada, discussed “ The Canadian Approach to Foreign Reserve Management ” at the Peterson Institute for International Economics on February 6, 2019. Canada decided more than 20 years ago to stop systematically using its foreign reserves to influence the...
Past Event

Subramanian of PIIE Discusses His New Book on India’s Economy at SAIS

Arvind Subramanian (PIIE)

February 20, 2019
Event Recap

The Globotics Upheaval: Globalization, Robotics, and the Future of Work

Richard Baldwin (Graduate Institute, Geneva; VoxEU.org)

February 7, 2019
Event Recap

The Canadian Approach to Foreign Reserve Management

Timothy Lane (Bank of Canada)

February 6, 2019
View All Events


PIIE Charts

High School Education Gap for Hispanics Has Almost Disappeared

High School Education Gap for Hispanics Has Almost Disappeared

Gonzalo Huertas (PIIE) and Jacob Funk Kirkegaard (PIIE)

February 14, 2019

Multimedia

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

Trade Talks Episode 72: Richard Baldwin on Disruption, Technology and Trade

Featuring Soumaya Keynes (The Economist) and Chad P. Bown (PIIE)
February 14, 2019
Olivier Blanchard delivers the 2019 AEA Presidential Address
Short Videos

Olivier Blanchard on the Benefits and Costs of Public Debt

Featuring Olivier Blanchard (PIIE)
February 7, 2019
Soumaya Keynes, Bob Woodward, and Chad P. Bown
Peterson Perspectives

Trade Talks Episode 58: Woodward. Trump. Fear. Trade Is Bad.

Featuring Soumaya Keynes (The Economist) and Chad P. Bown (PIIE)
October 10, 2018
How Trade Helps Each Side
Short Videos

How Trade Helps Each Side

Featuring Gary Clyde Hufbauer (PIIE), Zhiyao (Lucy) Lu (PIIE) and Junie Joseph (PIIE)
December 18, 2018
Chad P. Bown
Short Videos

The 2018 Trade Investigations and the Trump Administration

Featuring Chad P. Bown (PIIE)
March 5, 2018

Explore PIIE Topics

ChinaItalyUnited KingdomGlobalizationGrowthCurrency ManipulationTaxesUSMCA / NAFTAProtectionismTrade DeficitTrade Policy


Bookstore

The State Strikes Back: The End of Economic Reform in China?

The State Strikes Back: The End of Economic Reform in China?

Nicholas R. Lardy (PIIE)

January 2019
Sustaining Economic Growth in Asia

Sustaining Economic Growth in Asia

Jérémie Cohen-Setton (PIIE), Thomas Helbling, Adam S. Posen (PIIE) and Changyong Rhee, editors

December 2018