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Dec 9, 2024 | 
piie.com | Jeffrey J. Schott |Mary E. Lovely |Martin Chorzempa |Antonio Calcara |Luis Simón |Lukas Spielberger
Please join us online for a half-day conference, jointly organized by the Peterson Institute for International Economics and the Centre for Security, Diplomacy, and Strategy at the Brussels School of Governance. This event will explore US and EU alignment on China through a series of engaging sessions:9:05–10:00 am | US-EU alignment on trade in technology products and servicesFeaturing:Jeffrey J.
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Nov 22, 2024 | 
piie.com | Martin Chorzempa |Mary E. Lovely |Adam Posen |Karen Dynan |David Wilcox
The Peterson Institute for International Economics (PIIE) with the China Finance 40 Forum (CF40), a leading independent think tank in China and longstanding PIIE partner in deepening US-China understanding, hold the seventh China Economic Forum on December 12, 2024.
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Nov 8, 2024 | 
piie.com | Cecilia Malmström |Mary E. Lovely |TAO WANG
In the recent electoral campaign in the United States, both candidates agreed China was a threat to security and fair competition. Now the United States has a new president who has threatened to impose 60 percent tariffs on all Chinese goods, 100 percent tariffs on electric vehicles, and a total ban on cars with software coming from China. Trade between China and the United States has diminished in recent years, to the benefit of countries such as Vietnam and Mexico.
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Jul 24, 2024 | 
milkenreview.org | Mary E. Lovely |Tianlei Huang
mary lovely is the Anthony Solomon Senior Fellow at the Peterson Institute in Washington. tianlei huang is a research fellow at Peterson. Published July 24, 2024 It was inevitable that China’s economy would eventually slow down: No country in modern times has grown so fast for so long.
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May 20, 2024 | 
piie.com | Kimberly Clausing |Mary E. Lovely
At the beginning of its history, the United States relied on tariffs—taxes on imported goods—as its major source of government revenue. That changed starting in the early 20th century, with the enactment of the federal income tax and the advent of a new consensus recognizing tariffs as regressive, burdening the working class while leaving untaxed much of the income accruing to the wealthy. At present, less than 2 percent of government revenue in high-income countries comes from import taxes.
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Mar 15, 2024 | 
carnegieendowment.org | Mary E. Lovely |Jason Furman |Mariano-Florentino Cuéllar |Ashley J Tellis
Recent years have changed how America is approaching the global economy. Waves of dissatisfaction with globalization, technological change, and financial imbalances have crested, transforming policy and public opinion in the United States. That dissatisfaction is also driving international calls to reform the policies and institutions governing global economic relations. In response, the Biden administration is pursuing an ambitious agenda.
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Feb 25, 2024 | 
onlinelibrary.wiley.com | Mary E. Lovely |Hongsheng Zhang
REFERENCES , , , , & (2016). Import competition and the great US employment sag of the 2000s. Journal of Labor Economics, 34(S1), S141–S198. , & (1999). Do domestic firms benefit from direct foreign investment? Evidence from Venezuela. American Economic Review, 89(3), 605–618. , , & (2019). International technology transfer policies. OECD trade policy papers, No. 222. OECD Publishing. (2005). Incomplete contracts and the product cycle. American Economic Review, 95(4), 1054–1073. (2015).
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Dec 24, 2023 | 
eastasiaforum.org | Allison Alexy |Yiping Huang |Sayuri Shirai |Mary E. Lovely
Author: Editorial Board, ANUNo first-term President of the United States since the beginning of scientific polling has been as unpopular at this point of the presidential cycle as Joe Biden is now — at least if you believe the most recent polls. On the most important international issue facing Biden, the Gaza conflict, barely a third of voters approve of his performance.
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Nov 27, 2023 | 
afr.com | Mary E. Lovely
The CHIPS Act subsidises onshore investment in semiconductor fabrication, promising US$39 billion ($59 billion) of manufacturing incentives on top of 25 per cent investment tax credits. These incentives seem to already be attracting the major semiconductor fabricators and their suppliers to invest in the United States.
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Nov 27, 2023 | 
asiatimes.com | Mary E. Lovely
Even as they share similar concerns about economic security and resilience, the United States’ trading partners in Asia wonder what Washington’s new embrace of industrial policy means for their own development. With deep government pockets, a large domestic market and potent research and development capabilities, the United States has the economic power to capture a significant share of global investment in targeted industrial sectors.
