The Peterson Institute for International Economics is a nonpartisan, independent research institution devoted to studying international economic policy.
National economic statistics accounts were not designed to track the AI economy. Statistics agencies should begin developing AI-focused satellite accounts now, before the measurement gap becomes a policy gap, @akorinek & Patrick McKelvey write: https://t.co/LorCPLRYeq
Project Vault—a hybrid futures market & strategic reserve for critical minerals—should require mandatory participation with fees scaled to firm size, fund against worst-case collective supply shocks, & prioritize processed materials over raw ore. https://t.co/Q9ZtzG4EVM
A vulnerability of the use of Section 301 to restore the Trump "reciprocal" tariffs is that it will be clear to the courts that this is mainly an attempt once again to transfer the full tariff power from the Congress to the president. https://t.co/Uuy87LR65x
To the extent AI adoption improves firm performance, faster adopters are likely to gain competitive advantages over slower rivals. Faster AI adoption could increase concentration of US employment in large firms by lowering costs relative to small firms.
https://t.co/p432IRbuOj
Europe needs to balance openness & the need for Chinese technology with protecting European industry from unfair cooperation, @MalmstromEU writes. And the security dimension, not least in the area of rare earths & critical raw materials, must be included. https://t.co/l8ba0n4tLU
A scandal in Brazil has shifted the runoff probability enough that the EU-Mercosur ratification window is now likelier to close with a Brazilian government able to sit across the table from European parliaments without instantly making the deal untenable. https://t.co/vYn0Obcc2f
Project Vault—a hybrid futures market & strategic reserve for critical minerals—should require mandatory participation with fees scaled to firm size, fund against worst-case collective supply shocks, & prioritize processed materials over raw ore. https://t.co/Q9ZtzG4EVM
Europe needs a coherent, updated strategy toward an ever more aggressive China.
So far, unfortunately, its dealings with the country have been marked by lack of unity & conflicting messages, @MalmstromEU writes.
https://t.co/l8ba0n4tLU
For policy makers everywhere wondering about their vulnerabilities to all-out economic warfare, Iran’s narrow waterway is not the only trade infrastructure chokepoint. Consider next what arrives by air.
@ChadBown explains: https://t.co/YyFVpe0BgQ
🎉How to Win a Trade War by @ChadBown & @SoumayaKeynes is out now!
🇺🇸 Order in the US: https://t.co/Wm09qt2j64
🇬🇧Order in the UK: https://t.co/WBaqjeC9I4
📺Watch our book launch & discussion: https://t.co/IDY63V2k3U
To the extent AI adoption improves firm performance, faster adopters are likely to gain competitive advantages over slower rivals. Faster AI adoption could increase concentration of US employment in large firms by lowering costs relative to small firms.
https://t.co/p432IRbuOj
National economic statistics accounts were not designed to track the AI economy. Statistics agencies should begin developing AI-focused satellite accounts now, before the measurement gap becomes a policy gap, @akorinek & Patrick McKelvey write: https://t.co/LorCPLRYeq
A vulnerability of the use of Section 301 to restore the Trump "reciprocal" tariffs is that it will be clear to the courts that this is mainly an attempt once again to transfer the full tariff power from the Congress to the president. https://t.co/Uuy87LR65x
For policy makers everywhere wondering about their vulnerabilities to all-out economic warfare, Iran’s narrow waterway is not the only trade infrastructure chokepoint. Consider next what arrives by air.
@ChadBown explains: https://t.co/YyFVpe0BgQ
🎉How to Win a Trade War by @ChadBown & @SoumayaKeynes is out now!
🇺🇸 Order in the US: https://t.co/Wm09qt2j64
🇬🇧Order in the UK: https://t.co/WBaqjeC9I4
📺Watch our book launch & discussion: https://t.co/IDY63V2k3U
✍️Alan Wolff. Read and smile. 301s unlikely to withstand legal challenge.
Will Trump's third attempt to impose tariffs survive in the courts? https://t.co/I5EiJCMvv2
Talking 🇨🇦🇺🇸🇲🇽 CUSMA 🇨🇦🇺🇸🇲🇽 and HOW TO WIN A TRADE WAR on CBC Radio today was super fun. Thanks @Piya, for having @SoumayaKeynes and I on!!!
🎙️ https://t.co/Tpn9dEpI6Q
Project Vault, a US public-private program to stockpile emergency supplies of critical minerals, is designed as insurance against systemwide supply shocks, but voluntary participation hollows out the risk pool—& storing 60 minerals & derivatives is complex.https://t.co/Q9ZtzG4EVM