Nerd-Alert! News about former PIIE fellow Mark Carney:

Don't blame America's current account deficit on the dollar The Trump administration and China's leaders generally differ on economic policy, but on one proposition some prominent members of their economic teams seem to agree: The dollar's status as the world'...

More from PIIE's Maurice Obstfeld. See Chapt. 4, "Global Imbalances Redux" in CEPR's latest Paris Report 4: cepr.org/publications...

Don't blame America's current account deficit on the dollar The Trump administration and China's leaders generally differ on economic policy, but on one proposition some prominent members of their economic teams seem to agree: The dollar's status as the world'...

Latest Must Read from PIIE's Maurice Obstfeld: Don't blame America's current account deficit on the dollar www.piie.com/blogs/realti...

Annual Report 2025 Learn about PIIE's accomplishments in 2025 and information on funding.

2025 was *a year*

Our 2025 Annual Report is now live! Check out highlights from one of our busiest years ever:

The very awesome @aimewilliams.bsky.social joins the podcast this week to explain what has happened since Trump’s sweeping April 2, 2025 TARIFF announcement, including SURPRISES buried in the weeds of US import and export data, as well what comes next after that momentous SUPREME COURT decision.

208. It's been one year since Trump's "Liberation Day" tariffs Aime Williams joins to help explain what has happened since President Trump’s sweeping April 2, 2025 tariff announcement.

Has it only been one year???

(Also, hi. Trade Talks is back)

Buy one. If only out of pity. And check out @soumayakeynes.ft.com and her trade songs sometime too......

🤓 BUCKET LIST 🤓

'HOW TO WIN A TRADE WAR' (my forthcoming book with the amazing @soumayakeynes.ft.com) is part of a New Year's Day sale thingie!

Barnes & Noble Premium & Rewards Members get 25% off pre-orders

Dec 30-Jan 1 only

#BNPreorder Instructions Here: www.barnesandnoble.com/w/how-to-win...

NOW: @kclausing.bsky.social is speaking at @whitehouse.senate.gov's Environment and Public Works Committee spotlight forum on the many ways climate change is contributing to the affordability crisis.
Read her prepared remarks: www.piie.com/commentary/t...
Watch here: www.youtube.com/live/oegvS1R...

Who controls the global petrochemical industry, and how might that change? Petrochemicals—used in everything from fertilizers, solar panels, clothing, and cosmetics to electric vehicles, electronics, and medicines—are integral to food security, manufacturing, and clean energ...

Petrochemical firm owners concentrate among corporations, geographically in China, the US, & Saudi Arabia—but ownership ≠ control. Chinese & other Asian investors exert significant control, while US investors have limited control from passive investments. Saudi Arabia fully controls its investments.

Negotiating a win-win end to the lose-lose US-China trade war over technology and critical minerals The United States and China put parts of the global economy at risk in 2025 through their trade war over critical minerals and technology. A series of escalatory tariffs and export restrictions led to...

Latest must-read from PIIE's Chad P. Bown: Negotiating a win-win end to the lose-lose US-China trade war over technology and critical minerals www.piie.com/publications...

India's 20 years of GDP misestimation: New evidence New evidence suggests that India misestimated its annual economic growth rate during the past two decades. It appears that the Indian economy did not grow at a stable rate over the past two decades, a...

Latest from PIIE's Arvind Subramanian and co-authors: www.piie.com/publications...

AI + work: Understanding AI's impact on the labor market Much has been said about what artificial intelligence (AI) could mean for the labor market. An early wave of research gives us evidence and data to consider.

Watch a discussion on this & more with @hamiltonproject.org & @budgetlab.bsky.social today at 1 PM ET here:

Research on AI and the labor market is still in the first inning Since the widespread introduction of large language models (LLMs), there has been a wave of research and a deluge of predictions about what artificial intelligence (AI) will mean for the labor market,...

NEW: Jed Kolko finds the evidence on how AI is affecting the labor market today is inconclusive, & claims about harmful impacts on particular groups of workers are premature.

China no longer buys US exports: Drawing the right lessons for the next Trump-Xi deal China essentially stopped buying US exports in April 2025. President Donald Trump had started his second term by launching a new trade war that he headlined with steep new tariffs on China. When China...

Trump's go-it-alone-approach on China trade hasn't worked says PIIE's Chad P. Brown, bringing the receipts. China has essentially stopped buying US exports www.piie.com/blogs/realti...

Adam S. Posen on IEEPA ruling, tariff revenue, refunds for importers, and more Adam S. Posen (PIIE) joins CNN International to discuss the Supreme Court’s ruling on presidential authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA), other lega...

Must see TV! www.piie.com/newsroom/sho...

archive.is/2026.02.20-1...

The Supreme Court's welcome ruling on Trump's tariffs The US Supreme Court has ruled against President Donald Trump's sweeping tariffs imposed by claiming emergency powers under the International Emergency Economic Powers Act (IEEPA). These included the ...

Breaking News Analysis from PIIE expert Alan Wm. Wolff: The Supreme Court's welcome ruling on Trump's tariffs www.piie.com/blogs/realti...

The worst inflation outbreak in 40 years: Conference on distilling lessons from the COVID era During the recovery from the COVID-19 pandemic, inflation in the United States and many other countries surged to its highest level in more than 40 years, inflicting enormous pain on households and bu...

AGENDA UPDATE: At 12:30 PM ET, @adamposen.bsky.social will present new inflation forecasts from his recent collaborative work with Peter Orszag: "The Risk of Higher US Inflation in 2026." Stream it live below.

An audacious new book about a “precocious” country There is no such thing as “the” Indian growth model

www.economist.com/finance-and-...

The COVID era inflation surge: Causes, consequences, and policy lessons The COVID era inflation surge was shaped by an unusual confluence of shocks and policy responses. It nonetheless raises enduring questions about the interaction of demand, supply, expectations, and po...

Latest from PIIE's Karen Dynan and David Wilcox! The COVID era inflation surge: Causes, consequences, and policy lessons www.piie.com/publications...

www.facebook.com/share/r/19xr...

The America First investment pledges: How are they structured and are they realistic? In pursuit of President Donald J. Trump’s “America First” agenda, the administration has engaged in high-level bilateral negotiations with allies and partners to encourage them to invest in US industr...

Latest from PIIE's Mazarei and Auclair: The America First investment pledges: How are they structured and are they realistic? (Spoiler Alert: May be less than meets the eye) www.piie.com/publications...

Supreme Court Appears Poised to Reject Trump’s Attempt to Immediately Fire a Fed Governor

Supreme Court Appears Poised to Reject Trump’s Attempt to Immediately Fire a Fed Governor www.nytimes.com/2026/01/21/u...

Washington Post demands government return materials seized from reporter The Post demanded in a court filing Wednesday that federal law enforcement officials return electronic devices the government seized from a staff reporter’s home.

Breaking news: The Post demanded in a court filing that federal law enforcement officials return electronic devices the government seized from a staff reporter’s home, writing that the search “ignores federal statutory safeguards for journalists.”

Read the full transcript of Carney’s speech to World Economic Forum - National | Globalnews.ca Prime Minister Mark Carney gave a forceful speech in Davos, Switzerland, on the 'new world order' and how middle powers like Canada can benefit by working together.

Recommended reading:Important words of wisdom from Carney globalnews.ca/news/1162087...

The risk of higher US inflation in 2026 The consensus view among forecasters is that inflation will continue its gradual descent toward the Federal Reserve's 2 percent target through 2026. Similarly, market pricing suggests investors believ...

Latest must-read from Orzag and Posen: www.piie.com/blogs/realti...

What Trump's fight with Powell could mean for the Fed's future President Trump has been trying to bully the Federal Reserve into cutting interest rates. It's a gambit that could lead to more inflation.

Listen to this! PIIE's Posen tells NPR why Fed Chair Powell had to push back publicly against the federal criminal investigation. www.npr.org/2026/01/13/n...

The Economic Toll of Trump’s Policies Will Soon Be Visible Mainstream economists have underestimated the cost of all the confusion the administration has unleashed, particularly on trade and immigration.

The latest from PIIE President Adam S. Posen: www.bloomberg.com/news/article...

Opinion | Trump’s Attack on the Fed Is Already Backfiring

Jason Furman: Trump’s Attack on the Fed Is Already Backfiring www.nytimes.com/2026/01/12/o...