Peterson Institute for International Economics

Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, U.S., May 12, 2025.

Photo Credit: REUTERS/Carlos Barria

The Trump-China trade wars: Five takeaways from US imports in 2025

Chad P. Bown (PIIE)

Real US imports of goods from China dropped 28 percent in 2025 during President Donald Trump’s second trade war, continuing a slide that began in 2018 with his first trade war. The US imported 9 percent more from other countries last year, despite Trump’s tariffs on them.

European Union flags are seen in front of the European Commission building in Brussels, Belgium.

NurPhoto/Jakub Porzycki

Photo Credit: NurPhoto/Jakub Porzycki

RealTime Economics

Can the EU lead a new world order in trade?

Cecilia Malmström (PIIE)

March 17, 2026

US flags flutter in front of shipping containers at the Port of Long Beach in Long Beach, California. Photo taken on July 11, 2025.

REUTERS/Daniel Cole

Photo Credit: REUTERS/Daniel Cole

RealTime Economics

Will Trump’s latest gambit to impose his tariffs be upheld by the courts?

Alan Wm. Wolff (PIIE)

March 17, 2026

A US flag and H-1B Visa application form are seen in this photo illustration, taken on September 22, 2025.

REUTERS/Dado Ruvic/Illustration

Photo Credit: REUTERS/Dado Ruvic/Illustration

RealTime Economics

The economic case for a $100,000 tax on H-1B visas rests on several errors

Michael A. Clemens (PIIE)

March 16, 2026

Metro trains move past commuters near the Sabarmati Metro station in Ahmedabad, India. Picture taken on January 31, 2026.

REUTERS/Amit Dave

Photo Credit: REUTERS/Amit Dave

Working Papers

India's 20 years of GDP misestimation: New evidence

Abhishek Anand (Madras Institute of Development Studies), Josh Felman (JH Consulting) and Arvind Subramanian (PIIE)

March 10, 2026

What's New

A petrochemical refinery company in Qingdao City, Shandong Province, China. Photo taken on July 25, 2025.

Who controls the global petrochemical industry, and how might that change?

Abdullah AlHassan (International Monetary Fund), Luc Leruth (University of Clermont Ferrand), Adnan Mazarei (PIIE), Charles Meuwly (ZENO-Indices), Joseph Moussa (International Monetary Fund) and Pierre Régibeau (Warsaw School of Economics)

March 2026

People walk along the Brooklyn Bridge on the bridge's Manhattan side promenade entrance, on January 1, 2024.

If You Hate Trump’s Economy, I Have News for You

Jason Furman (PIIE)

March 18, 2026

via New York Times

PIIE Insider LIVE

Can global cooperation survive a fragmenting world?

March 24, 2026, 11:00 AM to 11:30 AM EDT

Anjali V. Bhatt (PIIE) and Kimberly Clausing (PIIE)

Mar

How critical are critical minerals in the Brazil-US economic relationship?

March 25, 2026, 11:00 AM to 12:00 PM EDT

Monica de Bolle (PIIE), Cullen S. Hendrix (PIIE), Pedro Guerra (Ministry of Development, Industry, Trade and Services, Brazil) and Bruna Santos (Inter-American Dialogue)

Mar