Trade Talks show

Trade Talks

Summary: Soumaya Keynes (The Economist) and Chad P. Bown (Peterson Institute for International Economics) cohost a podcast about the economics of international trade and policy. From trade wars to trade deals, this podcast covers trade developments with insights and economic analysis from two of the world's top trade geeks.

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  • Artist: Peterson Institute for International Economics
  • Copyright: Copyright Peterson Institute for International Economics

Podcasts:

 65: What Would a Trump-China Deal Look Like? | File Type: audio/mpeg | Duration: Unknown

Soumaya Keynes and Chad Bown explain the recent 90-day agreement between Presidents Trump and Xi that puts on hold further tariff escalation between the United States and China. They speak with Mark Wu (Harvard Law) and former Obama administration official Caroline Atkinson about the complexities of negotiating with China over intellectual property enforcement, cyber theft, and the forced transfer of technology arising through joint ventures.

 64: (Trade) Dealing with Europe | File Type: audio/mpeg | Duration: 0:00

Keynes and Bown speak with veteran trade journalist Alan Beattie (Financial Times) about the complexities of negotiating with the European Union on trade. They discuss the EU’s dealings with the UK over Brexit and the Irish border, as well as how it has negotiated with other countries over regulatory differences, mutual recognition agreements, digital trade, and more.

 64: (Trade) Dealing with Europe | File Type: audio/mpeg | Duration: Unknown

Soumaya Keynes and Chad Bown speak with veteran trade journalist Alan Beattie (Financial Times) about the complexities of negotiating with the European Union on trade. They discuss the EU's dealings with the UK over Brexit and the Irish border, as well as how it has negotiated with other countries over regulatory differences, mutual recognition agreements, digital trade, and more.

 63: Can Trump and the EU Strike a Deal? | File Type: audio/mpeg | Duration: 0:00

Keynes and Bown discuss the prospect of negotiations between the United States and the European Union on a trade deal that would meet President Trump’s objectives of zero tariffs, zero nontariff barriers, and zero subsidies. They speak with Arancha Gonzalez (International Trade Centre) about the two partners’ long history of trade frictions, previous negotiating starts-and-stops, and prospects for a bilateral deal this time around. Read more… Soumaya Keynes. 2018. America’s trade relations with its allies are extremely fragile. The Economist, 17 November.

 63: Can Trump and the EU Strike a Deal? | File Type: audio/mpeg | Duration: Unknown

Keynes and Bown discuss the prospect of negotiations between the United States and the European Union on a trade deal that would meet President Trump's objectives of zero tariffs, zero nontariff barriers, and zero subsidies. They speak with Arancha Gonzalez (International Trade Centre) about the two partners' long history of trade frictions, previous negotiating starts-and-stops, and prospects for a bilateral deal this time around.

 62: Randomized Trade | File Type: audio/mpeg | Duration: 0:00

Keynes and Bown speak with Amit Khandelwal (Columbia Business School) about the impact that exporting has on firm productivity. They discuss his evidence from a randomized control trial that new foreign market access improved how Egyptian firms make and sell rugs and generated learning by exporting. Read more… David Atkin, Amit Khandelwal and Adam Osman. 2017. Exporting and Firm Performance: Evidence from a Randomized Trial, Quarterly Journal of Economics.

 62: Randomized Trade | File Type: audio/mpeg | Duration: Unknown

Keynes and Bown speak with Amit Khandelwal (Columbia Business School) about the impact that exporting has on firm productivity. They discuss his evidence from a randomized control trial that new foreign market access improved how Egyptian firms make and sell rugs and generated learning by exporting.

 61: Trade, Firms, Profits, and Market Power: It’s Complicated | File Type: audio/mpeg | Duration: 0:00

Keynes and Bown speak with incoming World Bank Chief Economist Penny Goldberg (Yale University) about her research on how trade liberalization affects consumers and firms when firms have market power. They discuss the impact that India’s early 1990s tariff cuts—to both outputs and imported inputs—had on the profits and markups of domestic firms and the puzzle behind why consumer prices fell relatively little. Read more… Jan De Loecker, Penny Goldberg, Amit Khandelwal and Nina Pavcnik. 2016. Prices, Markups and Trade Reform. Econometrica.Jan De Loecker, Penny Goldberg, Amit Khandelwal and Nina Pavcnik. 2016. Prices, Markups and Trade Reform: Non-technical summary, Microeconomic Insights, February.Penny Goldberg, Amit Khandelwal, Nina Pavcnik and Petia Topalova. 2010. Imported Intermediate Inputs and Domestic Product Growth: Evidence from India, Quarterly Journal of Economics.Penny Goldberg and Nina Pavcnik. 2016. The Effects of Trade Policy. in Handbook of Commercial Policy, edited by Kyle Bagwell and Robert W. Staiger.

 61: Trade, Firms, Profits, and Market Power: It's Complicated | File Type: audio/mpeg | Duration: Unknown

Soumaya Keynes and Chad Bown speak with incoming World Bank Chief Economist Penny Goldberg (Yale University) about her research on how trade liberalization affects consumers and firms when firms have market power. They discuss the impact that India's early 1990s tariff cuts—to both outputs and imported inputs—had on the profits and markups of domestic firms and the puzzle behind why consumer prices fell relatively little.

 60: America May Be Doing Away with WTO Dispute Settlement | File Type: audio/mpeg | Duration: 0:00

Keynes and Bown talk with former WTO Appellate Body member Jennifer Hillman (Georgetown Law) about WTO dispute settlement. They describe the procedural, philosophical, and judicial complaints the United States has with the current way of addressing trade frictions, potential solutions to those problems, and how the American refusal to appoint new Appellate Body members could soon destroy the functionality of the entire multilateral system of enforcement. Read more… Tetyana Payosova, Gary Clyde Hufbauer and Jeffrey J. Schott. 2018. The Dispute Settlement Crisis in the World Trade Organization: Causes and Cures. PIIE Policy Brief 18-5, March.Jennifer A. Hillman. 2018. Three Approaches to Fixing the World Trade Organization’s Appellate Body: The Good, the Bad and the Ugly? Georgetown IIEL working paper. Robert McDougall. 2018. Crisis in the WTO: Restoring the WTO Dispute Settlement Function. CIGI Papers No. 194.Rachel Brewster. 2014. Pricing Compliance: When Formal Remedies Displace Reputational Sanctions. Harvard International Law Journal.Jeffrey Dunoff and Mark Pollack. 2017. The Judicial Trilemma. American Journal of International Law. Robert Howse. 2016. The World Trade Organization 20 Years On: Global Governance by Judiciary. European Journal of International Law.Alan O. Sykes. 2003. The safeguards mess: A critique of WTO jurisprudence. World Trade Review.USTR. 2018. 2018 Trade Policy Agenda and 2017 Annual Report.European Union. 2018. EU WTO Modernisation Concept paper.Canada. 2018. Strengthening and Modernizing the WTO. WTO document JOB/GC/201. Gary Clyde Hufbauer. 2011. WTO Judicial Appointments: Bad Omen for the Trading System. PIIE Real Time Issues Watch, 13 June.

 60: America May Be Doing Away with WTO Dispute Settlement | File Type: audio/mpeg | Duration: Unknown

Soumaya Keynes and Chad Bown talk with former WTO Appellate Body member Jennifer Hillman about WTO dispute settlement. They describe the procedural, philosophical, and judicial complaints the United States has with the current way of addressing trade frictions, potential solutions to those problems, and how the American refusal to appoint new Appellate Body members could soon destroy the functionality of the entire multilateral system of enforcement.

 59: A Hard Border from History | File Type: audio/mpeg | Duration: 0:00

Keynes and Bown talk with Stephen Redding (Princeton University) about his research on the border between East and West Germany erected in the mid-20th century. They discuss the loss of market access for cities near the border, and how being cut off from one’s neighbors affected the local economy. Spoiler: It wasn’t pretty. Read more… Stephen Redding and Daniel Sturm. 2008. The Costs of Remoteness: Evidence from German Division and Reunification.  American Economic Review.

 59: A Hard Border from History | File Type: audio/mpeg | Duration: Unknown

Keynes and Bown talk with Stephen Redding (Princeton University) about his research on the border between East and West Germany erected in the mid-20th century. They discuss the loss of market access for cities near the border, and how being cut off from one's neighbors affected the local economy. Spoiler: It wasn't pretty.

 58: Woodward. Trump. Fear. Trade Is Bad. | File Type: audio/mpeg | Duration: 0:00

Keynes and Bown talk with best-selling author and Pulitzer Prize-winning investigative journalist Bob Woodward about his latest book Fear: Trump in the White House. From snatching trade agreement withdrawal letters off the president’s desk to impromptu Oval Office meetings with steel company CEOs, Woodward’s reporting helps shed light on whether this White House has a trade policy strategy or is simply lurching from one set of tariffs to another. Soumaya Keynes, Bob Woodward, and Chad P. Bown, Washington, DC in 2018.

 58: Woodward. Trump. Fear. Trade Is Bad. | File Type: audio/mpeg | Duration: Unknown

Keynes and Bown talk with best-selling author and Pulitzer Prize-winning investigative journalist Bob Woodward about his latest book Fear: Trump in the White House. From snatching trade agreement withdrawal letters off the president's desk to impromptu Oval Office meetings with steel company CEOs, Woodward's reporting helps shed light on whether this White House has a trade policy strategy or is simply lurching from one set of tariffs to another.

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