Trade

A careful review of the scholarly literature and industry cases suggests that the effect of Chinese economic growth and trade expansion, fueled by a corrosive set of “innovation mercantilist” policies and practices has been negative for innovation in most developed nations, including North America, Europe and Japan.
Trade
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January 16, 2020
Over the past year, key U.S. allies South Korea and Japan have been embroiled in a political and trade dispute which has many antecedents in the past, but which has been exacerbated by more recent developments. While certainly concerning, the trade dispute in some ways has presented an opportunity for the United States to assert renewed diplomatic engagement in the region.
January 14, 2020
A careful review of the scholarly literature and industry cases suggests that the effect of Chinese economic growth and trade expansion, fueled by a corrosive set of “innovation mercantilist” policies and practices has been negative for innovation in most developed nations, including North America, Europe and Japan.
January 13, 2020
A key problem in assessing the impact of e-commerce is that the goods that are commonly sold online are not random, so we cannot easily distinguish between price changes driven by e-commerce and price changes that would have happened regardless.
January 13, 2020
The United States, the EU, and Japan must band together in stronger trilateral partnership to pressure China into rolling back the mercantilist trade practices it uses to grow advanced, innovation-driven industries.
January 6, 2020
An examination of the scholarly literature shows that China’s mercantilist-powered economic rise and trade expansion have slowed the progress of innovation in the global economy—particularly in North America and Europe.
January 2, 2020
As the Trump administration implements the Foreign Investment Risk Review Modernization Act, the most important thing it should consider is that the Committee on Foreign Investment in the United States (CFIUS) should treat Chinese acquisitions of U.S. companies fundamentally different than acquisitions from our allies.
December 23, 2019
Brazilian economic growth has been faltering steadily for years, from an average growth rate of 4.5% from 2006 to 2010, to 2.1% from 2011, to just 1.1% in 2017 and 2018. To say that Brazil’s economy needs a short in the arm is an understatement.
December 16, 2019
Prior to last week’s progress toward an interim trade deal with China, the United States had repeatedly delayed the expansion of tariffs on Chinese goods to most finished products. This was out of concern that such an escalation would hit U.S. consumers harder than existing tariffs on the intermediate goods that serve as inputs for companies to make their final products.
November 26, 2019
Congress should ratify the proposed USMCA and in particular support its provision requiring 10 years of data protection for biologic drugs. The result will be a more competitive U.S. biopharmaceutical industry, more high-paying American jobs and more incentives to produce new cures.
November 18, 2019
The Global Mercantilist Index, ranking 60 nations on 18 variables ranging from market access and forced localization to currency manipulation and intellectual property protections, finds that China is the world’s most innovation-mercantilist nation.

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