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Peterson Perspectives: Interviews on Current Issues



Audio recordings of Peterson Perspectives interviews with Peterson Institute for International Economics research staff, analyzing current economic and political events.



 



Trade Talks Episode 34: So You Want To Be a Trade Negotiator

Fri, 20 Apr 2018 10:00:00 -0400

PIIE Senior Fellow Chad P. Bown and Soumaya Keynes of The Economist sit down with former acting deputy US Trade Representative Wendy Cutler to learn how to negotiate trade agreements. Wendy shares 25 years of experience balancing domestic politics, while driving hard bargains with Japan and South Korea over issues like auto rules of origin and cow teeth. They discuss ongoing NAFTA negotiations and the right way to do trade policy with Japan.


Media Files:
https://archive.org/download/TradeTalksEpisode34SoYouWantToBeATradeNegotiator/tt04202018.mp3




Trade Talks Episode 33: Trade and Investment Talks: China Wants America's Technology

Fri, 13 Apr 2018 11:00:00 -0400

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown explain the Chinese economic development strategy at the core of the Trump administration’s Section 301 dispute and latest tariff threats. They discuss Beijing’s "Made in China 2025" industrial policy, how technology gets transferred, and the tradeoffs American companies face when doing business in China.


Media Files:
https://archive.org/download/TradeTalksEpisode33TradeAndInvestmentTalksChinaWantsAmericas/tt04132018.mp3




Trade Talks Episode 32: Trump and China Decide: $3 billion, $50 billion, or $100 billion?

Fri, 06 Apr 2018 14:15:00 -0400

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown discuss the escalating tariff fight between President Trump and China. They update the status of Trump's "national security" tariffs on steel and aluminum as well as Beijing's retaliation over $3 billion of imports. They also analyze Trump's $50 billion Section 301 tariff proposal, China's $50 billion proposed retaliatory response, before turning to Trump's subsequent $100 billion request for more tariffs....


Media Files:
https://archive.org/download/TradeTalksEpisode32TrumpAndChinaDecide3Billion50BillionOr/tt04062018.mp3




Trade Talks Episode 31: Trade Wars and the Smoot-Hawley Tariff: What Really Happened?

Tue, 20 Mar 2018 10:00:00 -0400

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown speak with Douglas Irwin (PIIE and Dartmouth College) about popular misconceptions around the Smoot-Hawley Tariff Act of 1930, the Great Depression, and the global trade wars that ensued. They discuss how the gold standard, tariffs, quotas, exchange controls, imperial preferences, and bartering all fit into the dismantling of the international trading system in the 1930s. They then put President Trump’s trade policy actions to date—and the international response thus far—into perspective.


Media Files:
https://archive.org/download/TradeTalksEpisode31TradeWarsAndTheSmoot-hawleyTariffWhatReally/tt03202018.mp3




Trade Talks Episode 30: Trade Talks to Real People

Thu, 15 Mar 2018 09:45:00 -0400

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown have a conversation with Ana Swanson from The New York Times about trade and journalism. They discuss encounters relating to steel, aluminum, softwood lumber and lobsters, as well as the surprises along the way, and how to strike a balance between data and anecdotes.


Media Files:
https://archive.org/download/TradeTalksEpisode30TradeTalksToRealPeople/tt03152018.mp3




Trade Talks Episode 29: After Trump’s Tariffs: Retaliation, Negotiation, and Litigation

Fri, 09 Mar 2018 14:30:00 -0500

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown explain developments resulting from President Trump’s announcement of new "national security" import tariffs on steel and aluminum. They discuss those countries hit by—and those excluded from—the tariffs, the implications for the NAFTA negotiations, and the process for more countries to seek exemption. They describe the European Union’s potential response of immediate retaliation and the imposition of its own emergency tariffs on imported steel and aluminum products due to trade deflection. They also speak with Jennifer Hillman (Georgetown Law) about the potential for WTO disputes and the WTO legality of these actions.


Media Files:
https://archive.org/download/TradeTalksEpisode29AfterTrumpsTariffsRetaliationNegotiationAnd/tt03102018.mp3




Trade Talks Episode 28: What Are Trade Deals For? Dani Rodrik Does Trade Talks, Part 4

Fri, 02 Mar 2018 11:30:00 -0500

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown have a wide-ranging conversation with Dani Rodrik (Harvard Kennedy School) about trade agreements. In Part 4 of this 4-episode conversation, they provide a "bonus" technical discussion about the state of formal economics research into the purpose of trade agreements. This includes how governments use cooperative trade deals to both stop the spread of international externalities and to tie their own hands with respect to special interests.


Media Files:
https://archive.org/download/TradeTalksEpisode28WhatAreTradeDealsForDaniRodrikDoesTradeTalks/tt-episode28.mp3




Trade Talks Episode 27: What Are Trade Deals For? Dani Rodrik Does Trade Talks, Part 3

Fri, 02 Mar 2018 09:30:00 -0500

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown have a wide-ranging conversation with Dani Rodrik (Harvard Kennedy School) about trade agreements. In Part 3 of this 4-episode conversation, they discuss concerns with how economists have explained the costs and benefits of trade deals to the public, the role of social safety nets, and adjustment programs to address trade “shocks” such as NAFTA and China’s entry into the WTO, as well as President Trump’s approach to trade policy.


Media Files:
https://archive.org/download/TradeTalksEpisode27WhatAreTradeDealsForDaniRodrikDoesTradeTalks/tt-episode27.mp3




Trade Talks Episode 26: What Are Trade Deals For? Dani Rodrik Does Trade Talks, Part 2

Thu, 01 Mar 2018 11:30:00 -0500

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown have a wide-ranging conversation with Dani Rodrik (Harvard Kennedy School) about trade agreements. In Part 2 of this 4-episode conversation, they discuss ways to improve such deals as well as his views on social dumping, labor differences across countries, and inserting labor standards into free trade agreements. The also talk about how enforceable labor standards fit into the original Trans-Pacific Partnership (TPP) agreement as well as the talks to potentially rewrite the North American Free Trade Agreement (NAFTA).


Media Files:
https://archive.org/download/TradeTalksEpisode26WhatAreTradeDealsForDaniRodrikDoesTradeTalks/tt-episode26.mp3




Trade Talks Episode 25: What Are Trade Deals For? Dani Rodrik Does Trade Talks, Part 1

Thu, 01 Mar 2018 11:15:00 -0500

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown have a wide-ranging conversation with Dani Rodrik (Harvard Kennedy School) about trade agreements. In Part 1 of this 4-episode conversation, they discuss the purpose of such deals, the gains from easing labor market restrictions, and Dani’s views on inserting provisions into free trade agreements regarding intellectual property rights protection, investor-state dispute settlement (ISDS), and rules of origin.


Media Files:
https://archive.org/download/TradeTalksEpisode25WhatAreTradeDealsForDaniRodrikDoesTradeTalks/tt-episode25.mp3




Trade Talks Episode 24: The Trump Administration Views Trade as National Security Threat

Wed, 21 Feb 2018 09:45:00 -0500

Soumaya Keynes of The Economist and PIIE Senior Fellow Chad P. Bown explore the US Department of Commerce findings that imports of steel and aluminum threaten national security and the recommendation that President Trump impose new trade restrictions. They speak with Jennifer Hillman (Georgetown Law) about the trade law in use (Section 232 of the Trade Expansion Act of 1962), the differences between the proposed tariffs and quotas, the likely costs of such a decision, and the implications for the WTO system.


Media Files:
https://archive.org/download/TradeTalksEpisode24TheTrumpAdministrationViewsTradeAsNational/tt02212018.mp3




Trade Talks Episode 23: Did Protectionism Make America Great?

Thu, 15 Feb 2018 09:15:00 -0500

PIIE Senior Fellow Chad P. Bown and Soumaya Keynes of The Economist talk with PIIE Senior Fellow Douglas Irwin about his recent book "Clashing over Commerce: A History of US Trade Policy" and the role that protectionism played in the US economy during its industrial development of the 19th century. They examine Henry Clay’s proposal for an "American system," the Jeffersonian trade embargo of 1807–09, as well as the theoretical arguments for—and the practical arguments against—the benefits of "infant industry" protection. They also discuss why new tariff protection today would be unlikely to help President Trump make America great.


Media Files:
https://archive.org/download/TradeTalksEpisode23DidProtectionismMakeAmericaGreat/tt02152018.mp3




Should the United States Sanction Venezuelan Oil?

Mon, 12 Feb 2018 10:15:00 -0500

Monica de Bolle argues that sanctioning Venezuela’s oil company PDVSA will worsen the country's humanitarian crisis but will likely not change President Nicolas Maduro's behavior.


Media Files:
https://archive.org/download/ShouldTheUnitedStatesSanctionVenezuelanOil/pp20180208debolle.mp3




Coalition Agreement Is Germany’s and Europe’s Best Bet

Fri, 09 Feb 2018 13:15:00 -0500

Jeromin Zettelmeyer and Jacob Funk Kirkegaard argue that there is reason to be optimistic that a government coalition of Merkel's Christian Democrats and the Social Democrats could work on reforms with French president Emmanuel Macron.


Media Files:
https://archive.org/download/OutlookBrightForGermanyAndEuropeFollowingGermanCoalitionAgreement/pp20180209kirkegaardzettlemeyer.mp3




Trade Talks Episode 22: The Other UK Trade Deals—Brexit and Rolling Over the EU's FTAs

Thu, 08 Feb 2018 17:00:00 -0500

PIIE Senior Fellow Chad P. Bown and Soumaya Keynes of The Economist discuss the challenges facing the UK government as it seeks negotiations separate from the Brexit talks to maintain existing market access through the European Union's free trade agreements with more than 60 countries. Roughly 15 percent of UK goods trade is with such countries, which include South Korea, Canada, and Mexico. They speak with University of Sussex Professor Michael Gasiorek about complications preventing the simple “roll over” of those existing trade deals, including new challenges posed by rules of origin requirements, non-discriminatory treatment, tariff-rate quotas, and mutual recognition of standards.


Media Files:
https://archive.org/download/TradeTalksEpisode22TheOtherUkTradeDeals--brexitAndRollingOverThe/tt02082018.mp3