Global Trade Issues Heat Up
The 2018 Trade Investigations and the Trump Administration
PIIE Senior Fellow Chad P. Bown explains the trade investigations taking place under the Trump administration—from softwood lumber to steel—and why the uncon...
Chad Bown is our Expert on global trade issues. In this video he reviews all of the current trade investigations taking place under the Trump Administration and their potential impact.
Chad has pointed out on our calls with him over the past year that that the overwhelming consequence of more trade restrictions is uncertainty. Certainty and clarity are particularly important for companies that are setting up long-term investments or contractual arrangements with countries. More regulations ultimately mean less trade and lower investment.
The next White House investigation to watch is Section 301 examining forced technology transfer vis a vis China. This is important because it deals specifically with Chinese practices and retaliation would be specifically towards Beijing.