EXPERT SERIES Podcast, Chad Bown - Trade Update: A Few Scary Scenarios
To discuss the latest developments on NAFTA and US - China trade, the Expert Series hosted trade guru Chad Bown, Reginald Jones Senior Fellow at the Peterson Institute for International Economics.
Most of the discussion focuses on the progress of the US’ trade negotiations with Mexico and Canada. The most interesting part of the discussion is on the outlook for Auto tariffs, which are becoming increasingly likely given the focus on the “rules of origin” procedures between the US and Mexico. Chad inadvertently paints a few really scary scenarios in which the Trump administration would put up blanket tariffs against all US imports, designed to avoid the temptation for car companies to start producing more cars in Mexico and importing them into the US from there.