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Book Tariff Passthrough at the Border and at the Store  Evidence from US Trade Policy

Download or read book Tariff Passthrough at the Border and at the Store Evidence from US Trade Policy written by Alberto Cavallo and published by International Monetary Fund. This book was released on 2019-11-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use micro data collected at the border and at retailers to characterize the effects brought by recent changes in US trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by documenting that the tariffs were almost fully passed through to total prices paid by importers, suggesting the tariffs' incidence has fallen largely on the United States. Since we estimate the response of prices to exchange rates to be far more muted, the recent depreciation of the Chinese renminbi is unlikely to alter this conclusion. Next, using product-level data from several large multi-national retailers, we demonstrate that the impact of the tariffs on retail prices is more mixed. Some affected product categories have seen sharp price increases, but the difference between affected and unaffected products is generally quite modest, suggesting that retail margins have fallen. These retailers' imports increased after the initial announcement of possible tariffs, but before their full implementation, so the intermediate passthrough of tariffs to their prices may not persist. Finally, in contrast to the case of foreign exporters facing US tariffs, we show that US exporters lowered their prices on goods subjected to foreign retaliatory tariffs compared to exports of non-targeted goods.

Book Trump  The Art of the Deal

Download or read book Trump The Art of the Deal written by Donald J. Trump and published by Ballantine Books. This book was released on 2009-12-23 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: President Donald J. Trump lays out his professional and personal worldview in this classic work—a firsthand account of the rise of America’s foremost deal-maker. “I like thinking big. I always have. To me it’s very simple: If you’re going to be thinking anyway, you might as well think big.”—Donald J. Trump Here is Trump in action—how he runs his organization and how he runs his life—as he meets the people he needs to meet, chats with family and friends, clashes with enemies, and challenges conventional thinking. But even a maverick plays by rules, and Trump has formulated time-tested guidelines for success. He isolates the common elements in his greatest accomplishments; he shatters myths; he names names, spells out the zeros, and fully reveals the deal-maker’s art. And throughout, Trump talks—really talks—about how he does it. Trump: The Art of the Deal is an unguarded look at the mind of a brilliant entrepreneur—the ultimate read for anyone interested in the man behind the spotlight. Praise for Trump: The Art of the Deal “Trump makes one believe for a moment in the American dream again.”—The New York Times “Donald Trump is a deal maker. He is a deal maker the way lions are carnivores and water is wet.”—Chicago Tribune “Fascinating . . . wholly absorbing . . . conveys Trump’s larger-than-life demeanor so vibrantly that the reader’s attention is instantly and fully claimed.”—Boston Herald “A chatty, generous, chutzpa-filled autobiography.”—New York Post

Book The State Strikes Back

Download or read book The State Strikes Back written by Nicholas R. Lardy and published by Peterson Institute for International Economics. This book was released on 2019-01-01 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.

Book The China U S  Trade War and Future Economic Relations

Download or read book The China U S Trade War and Future Economic Relations written by Lawrence J. Lau and published by The Chinese University Press. This book was released on 2018-12-14 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relation between China and the United States is arguably the most important bilateral relation in the world today. The U.S. and China are respectively the largest and the second largest economies in the world. They are also respectively the largest and the second largest trading nations in the world as well as each other’s most important trading partner. If China and the U.S. work together as partners towards a common goal, many things are possible. However, there exist significant friction and potential conflict in their economic relations. The large and persistent U.S.-China bilateral trade deficit is one of the problems. It is essential to know the true state of the China-U.S. trade balance before effective solutions can be devised to narrow the trade surplus or deficit. The impacts and potential impacts of the 2018 trade war between China and the U.S. on the two economies are analysed and discussed. The longterm forces that underlie the economic relations between the two countries beyond the 2018 trade war are examined. In this connection, how a “new type of major-power relation” between the two countries can help to keep the competition friendly and avert a war between them is explored. ~~~~~~~~ Lawrence J. Lau’s timely The China-U.S. Trade War and Future Economic Relations is full of careful analysis, penetrating insight and helpful suggestions from the world’s preeminent economist on this relationship. —Michael J. Boskin Tully M. Friedman Professor of Economics, Stanford University Former Chair, U.S. President’s Council of Economic Advisers This sober and systematic study of U.S.-China trade relations and of technological development in the two countries is particularly timely. Lawrence Lau is one of the world’s foremost economists working on these issues. —Dwight H. Perkins Harold Hitchings Burbank Professor of Political Economy, Emeritus Former Chair, Department of Economics, Harvard University This is a timely and penetrating analysis of the China-U.S. trade and economic relations, from its origins to its impacts and to a way forward. —Yingyi Qian Chairman of the Council, Westlake University Former Dean, School of Economics and Management, Tsinghua University Counsellor of the State Council, People’s Republic of China Lawrence Lau’s book on the current U.S.-China trade war is insightful, balanced and comprehensive; rich in data on trade, investment, science and technology. It is essential reading for anyone who wants to get past the headlines. —A. Michael Spence Nobel Laureate in Economic Sciences (2001) Senior Fellow, The Hoover Institution, Stanford University Lawrence Lau brings light in the form of rigorous honest fact-based economic analysis to a subject where most of the discussion has been heated bluster, false claims, and political rhetoric. —Lawrence H. Summers Former U.S. Secretary of the Treasury; Former President, Harvard University There is no topic more important, or more timely, or more urgent, than the China-U.S. trade war. Professor Lau is the ideal person to write about the implications of the China-U.S. trade war and the proposed resolution. —Tung Chee-Hwa Vice-Chairman, Chinese People’s Political Consultative Conference National Committee Chairman, China-U.S. Exchange Foundation The history of Sino-American relations, to a great extent, has been a shared history. Lawrence Lau’s timely and penetrating study will tell us it is still in best interest for both countries if they continue to pursue a shared journey and destination instead of parting ways. —Xu Guoqi Kerry Group Professor in Globalization History, The University of Hong Kong Author of Chinese and Americans: A Shared History This beautifully composed book uses nontechnical language to unravel the intricacies of the 2018 U.S.-China trade war, together with its long-term impact. I learned a lot from reading it. —Chen-Ning Yang Nobel Laureate in Physics (1957)

Book Four Years of Trump

Download or read book Four Years of Trump written by Mario Del Pero and published by Ledizioni. This book was released on 2020-09-24 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unprecedented and unpredictable: this is how US President Donald Trump's administration has repeatedly been labelled during its first term. Beyond the frequent tweets and bombastic rhetoric, however, lie a more conventional four years, as the United States navigated an ever-evolving international reality, compounded by a global pandemic and one of the deepest economic recessions in over a century. This Report analyses the continuity and changes that occurred during Trump's first term. Domestically, it investigates the growing political polarization, the country's pre-pandemic economic performance, Trump's approach towards regular and irregular migration, and the US' response to a healthcare emergency. At the international level, this volume looks at how the US stance has changed vis-à-vis China, the Middle East, and Europe. Which long-term trends has President Trump had to ride through? What was his trademark, and what might be his lasting legacy?

Book Global Tariff War

Download or read book Global Tariff War written by Ramesh Chandra Das and published by Emerald Group Publishing. This book was released on 2021-03-09 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Tariff War: Economic, Political and Social Implications traces the impacts that global tariff wars in international trade can have on the growth of national economies. Offering a range of perspectives from developing economies, this collection presents a unique insight into this complex area of geo-political and economic practice.

Book Trump and His Generals

Download or read book Trump and His Generals written by Peter Bergen and published by Penguin. This book was released on 2019-12-10 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of America's preeminent national security journalists, an explosive, news-breaking account of Donald Trump's collision with the American national security establishment, and with the world It is a simple fact that no president in American history brought less foreign policy experience to the White House than Donald J. Trump. The real estate developer from Queens promised to bring his brash, zero-sum swagger to bear to cut through America's most complex national security issues, and he did. If the cost of his "America First" agenda was bulldozing the edifice of foreign alliances that had been carefully tended by every president from Truman to Obama, then so be it. It was clear from the first that Trump's inclinations were radically more blunt force than his predecessors'. When briefed by the Pentagon on Iran and the Strait of Hormuz, he exclaimed, "The next time Iran sends its boats into the Strait: blow them out of the water! Let's get Mad Dog on this." When told that the capital of South Korea, Seoul, was so close to the North Korean border that millions of people would likely die in the first hours of any all-out war, Trump had a bold response, "They have to move." The officials in the Oval Office weren't sure if he was joking. He raised his voice. "They have to move!" Very quickly, it became clear to a number of people at the highest levels of government that their gravest mission was to protect America from Donald Trump. Trump and His Generals is Peter Bergen's riveting account of what happened when the unstoppable force of President Trump met the immovable object of America's national security establishment--the CIA, the State Department, and, above all, the Pentagon. If there is a real "deep state" in DC, it is not the FBI so much as the national security community, with its deep-rooted culture and hierarchy. The men Trump selected for his key national security positions, Jim Mattis, John Kelly, and H. R. McMaster, were products of that culture: Trump wanted generals, and he got them. Three years later, they would be gone, and the guardrails were off. From Iraq and Afghanistan to Syria and Iran, from Russia and China to North Korea and Islamist terrorism, Trump and His Generals is a brilliant reckoning with an American ship of state navigating a roiling sea of threats without a well-functioning rudder. Lucid and gripping, it brings urgently needed clarity to issues that affect the fate of us all. But clarity, unfortunately, is not the same thing as reassurance.

Book 2018 Nuclear Posture Review

Download or read book 2018 Nuclear Posture Review written by United States. Department of Defense and published by . This book was released on 2018-02-02 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: On January 27, 2017, President Donald Trump directed Secretary of Defense James Mattis to initiate a new Nuclear Posture Review (NPR). The President made clear that his first priority is to protect the United States, allies, and partners. He also emphasized both the long-term goal of eliminating nuclear weapons and the requirement that the United States have modern, flexible, and resilient nuclear capabilities that are safe and secure until such a time as nuclear weapons can prudently be eliminated from the world.The United States remains committed to its efforts in support of the ultimate global elimination of nuclear, biological, and chemical weapons. It has reduced the nuclear stockpile by over 85 percent since the height of the Cold War and deployed no new nuclear capabilities for over two decades. Nevertheless, global threat conditions have worsened markedly since the most recent 2010 NPR, including increasingly explicit nuclear threats from potential adversaries. The United States now faces a more diverse and advanced nuclear-threat environment than ever before, with considerable dynamism in potential adversaries' development and deployment programs for nuclear weapons and delivery systems.

Book Clashing Over Commerce

Download or read book Clashing Over Commerce written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2017-11-29 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs

Book Dilemmas of a Trading Nation

Download or read book Dilemmas of a Trading Nation written by Mireya Solis and published by Brookings Institution Press. This book was released on 2017-08-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas.

Book Trade Wars

    Book Details:
  • Author : Nils Ole Oermann
  • Publisher : Oxford University Press
  • Release : 2022-11-03
  • ISBN : 0192665332
  • Pages : 337 pages

Download or read book Trade Wars written by Nils Ole Oermann and published by Oxford University Press. This book was released on 2022-11-03 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the causes and instruments of 500 years of armed and non-armed international trade conflicts. Nils Ole Oermann and Hans-Jürgen Wolff draw on decades of experience to examine trade wars, economic sanctions, and different types of economic warfare, investigating their history, ethics, economic driving forces, and legality under current rules. They provide a clear and accessible account of the economics of trade, of trade and financial policy since the nineteenth century, and of the effectiveness of sanctions and the 'winnability' of trade wars. The book also describes the transformation of economic warfare since 1989, namely in cyberspace and in the world financial system, and shows how China's rise challenges the Western model of democracy and free market economies. The authors conclude with a plea for improved economic statecraft and an overhaul of the current trading regime.

Book Chinese Politics in the Xi Jinping Era

Download or read book Chinese Politics in the Xi Jinping Era written by Cheng Li and published by Brookings Institution Press. This book was released on 2016-10-18 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese politics are at a crossroads as President Xi Jinping amasses personal power and tests the constraints of collective leadership. In the years since he became general secretary of the Chinese Communist Party in 2012, Xi Jinping has surprised many people in China and around the world with his bold anti-corruption campaign and his aggressive consolidation of power. Given these new developments, we must rethink how we analyze Chinese politics—an urgent task as China now has more influence on the global economy and regional security than at any other time in modern history. Chinese Politics in the Xi Jinping Era examines how the structure and dynamics of party leadership have evolved since the late 1990s and argues that "inner-party democracy"—the concept of collective leadership that emphasizes deal making based on accepted rules and norms—may pave the way for greater transformation within China's political system. Xi's legacy will largely depend on whether he encourages or obstructs this trend of political institutionalization in the governance of the world's most populous and increasingly pluralistic country. Cheng Li also addresses the recruitment and composition of the political elite, a central concern in Chinese politics. China analysts will benefit from the meticulously detailed biographical information of the 376 members of the 18th Central Committee, including tables and charts detailing their family background, education, occupation, career patterns, and mentor-patron ties.

Book Schism

    Book Details:
  • Author : Paul Blustein
  • Publisher : McGill-Queen's Press - MQUP
  • Release : 2019-09-10
  • ISBN : 1928096867
  • Pages : 249 pages

Download or read book Schism written by Paul Blustein and published by McGill-Queen's Press - MQUP. This book was released on 2019-09-10 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.

Book The Iran Primer

    Book Details:
  • Author : Robin B. Wright
  • Publisher : US Institute of Peace Press
  • Release : 2010
  • ISBN : 1601270844
  • Pages : 282 pages

Download or read book The Iran Primer written by Robin B. Wright and published by US Institute of Peace Press. This book was released on 2010 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive but concise overview of Iran's politics, economy, military, foreign policy, and nuclear program. The volume chronicles U.S.-Iran relations under six American presidents and probes five options for dealing with Iran. Organized thematically, this book provides top-level briefings by 50 top experts on Iran (both Iranian and Western authors) and is a practical and accessible "go-to" resource for practitioners, policymakers, academics, and students, as well as a fascinating wealth of information for anyone interested in understanding Iran's pivotal role in world politics.

Book Trump   Russia

Download or read book Trump Russia written by Seth Hettena and published by Melville House. This book was released on 2018-05-08 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Hettena is a first-rate reporter and wonderful story-teller, and the tale he tells here is mind-boggling."—Jane Mayer, author of New York Times bestseller Dark Money "Hettena skillfully weaves many threads—most fresh or previously hidden—into a rich tapestry tying together decades of Donald Trump's deep involvement with Russia."—DAVID CAY JOHNSTON , author of New York Times bestseller The Making of Donald Trump Uncovering the decades-long association between Donald Trump and Russia Is the 45th President of the United States under the control of a foreign power? Award-winning Associated Press reporter Seth Hettena untangles the story of Donald Trump’s long involvement with Russia in damning detail—including new reporting never before published. As Special Counsel Robert Mueller’s investigation into the relationship between members of Trump’s campaign and Russian operatives continues, there is growing evidence that Trump has spent decades cultivating ties to corrupt Russians and the post-Soviet state. In Trump/Russia: A Definitive History, Seth Hettena chronicles the many years Trump has spent wooing Russian money and power. From the collapse of his casino empire—which left Trump desperate for cash—and his first contacts with Russian deal-makers and financiers, on up to the White House, Hettena reveals the myriad of shady people, convoluted dealings, and strange events that suggest how indebted to Russia our forty-fifth president might be. Using deeply researched reporting, along with newly uncovered information, court documents, and exclusive interviews with investigators and FBI agents, Hettena provides an expansive and essential primer to the Trump/Russia scandal, leaving no stone unturned.

Book How Trump Won

    Book Details:
  • Author : Joel Pollak
  • Publisher : Simon and Schuster
  • Release : 2017-01-17
  • ISBN : 1621575381
  • Pages : 214 pages

Download or read book How Trump Won written by Joel Pollak and published by Simon and Schuster. This book was released on 2017-01-17 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book to challenge the status quo, spark a debate, and get people talking about the issues and questions we face as a country!

Book Presidents of War

    Book Details:
  • Author : Michael Beschloss
  • Publisher : Crown
  • Release : 2019-10-22
  • ISBN : 0307409619
  • Pages : 754 pages

Download or read book Presidents of War written by Michael Beschloss and published by Crown. This book was released on 2019-10-22 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • From a preeminent presidential historian comes a “superb and important” (The New York Times Book Review) saga of America’s wartime chief executives “Fascinating and heartbreaking . . . timely . . . Beschloss’s broad scope lets you draw important crosscutting lessons about presidential leadership.”—Bill Gates Widely acclaimed and ten years in the making, Michael Beschloss’s Presidents of War is an intimate and irresistibly readable chronicle of the Chief Executives who took the United States into conflict and mobilized it for victory. From the War of 1812 to Vietnam, we see these leaders considering the difficult decision to send hundreds of thousands of Americans to their deaths; struggling with Congress, the courts, the press, and antiwar protesters; seeking comfort from their spouses and friends; and dropping to their knees in prayer. Through Beschloss’s interviews with surviving participants and findings in original letters and once-classified national security documents, we come to understand how these Presidents were able to withstand the pressures of war—or were broken by them. Presidents of War combines this sense of immediacy with the overarching context of two centuries of American history, traveling from the time of our Founders, who tried to constrain presidential power, to our modern day, when a single leader has the potential to launch nuclear weapons that can destroy much of the human race. Praise for Presidents of War "A marvelous narrative. . . . As Beschloss explains, the greatest wartime presidents successfully leaven military action with moral concerns. . . . Beschloss’s writing is clean and concise, and he admirably draws upon new documents. Some of the more titillating tidbits in the book are in the footnotes. . . . There are fascinating nuggets on virtually every page of Presidents of War. It is a superb and important book, superbly rendered.”—Jay Winik, The New York Times Book Review "Sparkle and bite. . . . Valuable and engrossing study of how our chief executives have discharged the most significant of all their duties. . . . Excellent. . . . A fluent narrative that covers two centuries of national conflict.” —Richard Snow, The Wall Street Journal