China has increased its use of export controls, underlining Beijing’s willingness to leverage its power over supply chains as Xi Jinping prepares for talks next month with US President Donald Trump.
by Joe Leahy, Cheng Leng and Wenjie Ding
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Well argued and important piece by Maury Obstfeld pointing out that despite many wrong arguments to the contrary, the role of the dollar is not the cause of the U.S. current account deficit. Others wanting to hold dollars does not require a trade deficit. It never has.
New @nberpubs: "Tariffs in 2025: Short-Run Impacts on the U.S. Economy" www.nber.org/papers/w35064
"90% of the tariffs are passed through to tariff-inclusive prices paid by U.S. importers"
Many academics also understand the gravity of
Journalists know that losing the Wayback Machine would be a nightmare: www.wired.com/story/the-in...
Horrific—certainly the opposite of pro-family or pro-life given the critical importance of human milk and parental care in the health outcomes of preemies. Moms post-c-section often depend on a partner to get to the hospital & help care for preemies remaining in the NICU.
www.pbs.org/newshour/sho...
About 8 in 10 Americans who re-enrolled in Affordable Care Act marketplace coverage say their health care costs are higher this year, including about half who say their costs are "a lot" higher, according to a survey from the health care research nonprofit KFF.
https://to.pbs.org/47HpDOI
Even the doctors?
Trump’s Immigration Policy Sidelines Foreign Doctors Amid Shortage www.nytimes.com/2026/04/04/u...
A travesty:
Forest Service Will Close Research Stations That Study Wildfire Risk www.nytimes.com/2026/04/03/c...
Trump Slashed Science Funding. Now the U.S. Could Face a Costly Brain Drain. www.nytimes.com/2026/04/04/b...
Pro-life
Officials say an Afghan immigrant whose family said had worked with U.S. forces in his home country died at a Texas hospital after having been detained by immigration authorities.
Things are not okay.
Computer overlords not yet overthrown and replaced with mentats, so don’t believe everything you hear.
How are exporters in Asia trying to withstand the turmoil caused by U.S. President Donald Trump's tariffs? Hear from Indonesian palm oil exporters, Malaysian electronics and electrical manufacturers, Vietnam’s seafood and shipping companies, and more.
trib.al/FynYjj9
NEW: The Trump administration took steps late Friday to try to delay the legal proceedings on tariff refunds by as much as four months www.nytimes.com/2026/02/27/b...
On food assistance, we updated a paper explaining the benefits of SNAP’s broad-based categorical eligibility policy, which allows states to broaden SNAP eligibility and better support millions of people, as the Trump Administration seeks to eliminate it: www.cbpp.org/research/foo...
We’re moving from one phase of illegal, erratic trade policy — to a new phase of illegal, erratic trade policy.
@nationalreview.bsky.social #Section122
www.nationalreview.com/corner/trump...
"A Government Tariff Refund Bait and Switch" www.wsj.com/opinion/a-go...
This x 10000:
“The historic ruling is critically important beyond its implications for current trade policy,” argues Douglas Irwin, an economics professor, in a guest essay
Chart showing the rise and fall of US clean energy manufacturing investment since 2018.
The US clean energy manufacturing investment bust really is dramatic, and not slowing down.
Great investment tracker maintained by @jayturner.bsky.social and students.
www.the-big-green-machine.com/post-trump-s...