The trade policy of the United States is determined at the federal level in Washington, DC, but it’s the 50 states that either reap its rewards or bear its costs. Explore each state's trade relationship with Canada, Mexico, the European Union, and China through this interactive map.
In this episode, the Trade Guys breakdown the latest from the G20. President Trump and Xi Jinping settled on a 90-day trade truce. But will the temporary ceasefire last? Also up, the Guys analyze the president's moves on the USMCA, what's next for the agreement, and how Congress might react.
Three things happened last weekend that deserve brief comment.
On November 6, voters flipped the House of Representatives away from Republican control into the hands of Democratic members. Republicans managed to strengthen their grip on the Senate. These developments will have implications for the administration’s trade policy agenda, although some questions remain given the evolving and unconventional political dynamics surrounding the issue.
While President Trump withdrew the United States from the Trans-Pacific Partnership (TPP) in his first week in office, the 11 remaining members of the agreement have stormed forward.
In this episode, the Trade Guys welcome special guest Aaron Padilla, who is the senior advisor for international policy at the American Petroleum Institute (API). He leads API’s work to determine and represent the oil and natural gas industry’s public policy positions on key international issues, including cybersecurity, trade and global economic policy, and sustainability. API recently came out in support of the USMCA. The Trade Guys discuss how Aaron is seeing the administration’s trade policies play out on the ground.
In this episode, the Trade Guys cover a lot of ground. Japan is following EU’s playbook by agreeing to bilateral trade talks with the United States. Trade tensions with China may begin to spill over into other areas of bilateral tension. The trade deficit widens, and the NFL scores an USMCA win. Hosted by H. Andrew Schwartz, and produced by Yumi Araki and Jack Caporal at the Center for Strategic and International Studies in Washington.
Outside of the new U.S.-Mexico-Canada Agreement (USMCA) to replace the North America Free Trade Agreement, the Trump administration negotiated caps on the amount of autos Mexico and Canada can send to the United States before facing potential Section national security 232 tariffs.
The completion of USMCA negotiations, however, has allowed attention to turn to other trade issues. While talks with the European and Japan are looming, China is the topic _du jour_, especially in the wake of the vice president’s speech last week. And there, I think, we are witnessing the unfolding of a time-tested tactic—"bait-and-switch”—promising one thing and delivering something else, usually of lesser value.
The Trade Guys unpack the deal to replace NAFTA: the U.S.-Mexico-Canada Agreement. What's in it, what does it say about the Trump administration's trade policy, and what's next for the new deal.
After over a year of negotiations and just hours before an October 1 deadline, the Trump administration and government of Canadian Prime Minister Justin Trudeau managed to reach a deal to bring Canada into a new trilateral free trade agreement with Mexico to replace the 25-year-old North American Free Trade Agreement (NAFTA).
It is somewhat comforting to see that one of the worst things you can say about U.S.-Mexico-Canada Agreement (USMCA) is that the new trade agreement replaces a term that everyone knows and can say with an unpronounceable acronym. How do you say USMCA? Even NAFTA 2.0 would sound better. Hard to pronounce though it may be, if that’s the worst one can say about the agreement, then the business communities in all three countries dodged a serious bullet.
The Trade Guys continue their recording tour; this time at the University of Maryland's Robert H. Smith School of Business. They are joined by a special guest, Rick Powers, the Port of Baltimore's director of marketing. The guys and Rick discuss updates on NAFTA, the tit-for-tat with China, and roll-on/roll-off (a.k.a. RoRo) shipping's relationship with tariffs.
The Trump administration has launched an unparalleled trade war with enemies and allies alike. But it’s been generations since our last true trade war. So how will this play out in our modern age, and what are the stakes?
Most politicians say they are free traders, but disagree over how to achieve free trade. The president's actions and statements have called into question whether he is indeed a free trader, and whether his method of making trade freer will pay off.
President Trump has made it a priority to pry open Canada’s managed dairy market in order to boost U.S. exports of milk, eggs, butter, cheese, and other products north across the border. In response, Canadian Prime Minister Justin Trudeau has pledged to protect the Canadian dairy industry.
The Trade Guys talk Trump’s new NAFTA deal with Mexico. The Trump administration celebrates the U.S.-Mexico deal this week, which updates provisions on automobiles moving across the border, intellectual property, agriculture and labor.
The Trump administration announced that it had reached a bilateral trade agreement in principle Mexico and pledged to move forward with it regardless of whether Canada joins, potentially upending commercial relations with its top trading partner. What would a trade deal without Canada look like by the numbers?
The Trade Guys, Bill Reinsch and Scott Miller, take on the Trump administration’s announcement that it will impose tariffs on $50 billion of goods from China, raising the potential for a trade war between the world’s two biggest economies.
The Trade Guys, Scott Miller and Bill Reinsch recap the fallout from the Trump administration’s move to impose tariffs on the EU and Canada.