Richard Baldwin
@BaldwinRE
Prof of Int’l Econ @IMD_Bschool; Founder & Editor-in-Chief @VoxEU; NonRes Fellow @PIIE. Books:Globotics Upheaval 2019, MITEconPhD, http://BaldwinRE.bsky.social
Is this why POTUS Taco’d on Japan? Worried about inflation & recession going into midterms?
Excellent insights on the fragility of the US economy. 👉 wondering what the August tariffs might do to the US economy? ✍️ @tejparikh90 @ftopinion
🔗linkedin.com/pulse/tariffs-…
How will the differing tariffs on autos for Japan and other countries play out? 👉see my long-form from last month👇🔗 in 1st reply
ICYMI
Excellent insights on the fragility of the US economy. 👉 wondering what the August tariffs might do to the US economy? ✍️ @tejparikh90 @ftopinion
Excellent insights on the fragility of the US economy. 👉 wondering what the August tariffs might do to the US economy? ✍️ @tejparikh90 @ftopinion
My Factful Friday come early, and on substack: open.substack.com/pub/rbaldwin/p…
How will the differing tariffs on autos for Japan and other countries play out? 👉see my long-form from last month👇🔗 in 1st reply
EU is the last big-economy trade deal left to do (China neutralised US trade leverage in May). 👉EU pondering threatening hardball with its “anti-coercion instrument” ➡️triggering the ACI would simply spark an investigation, not immediate measures. If the commission found the US…
Now that’s how POTUS defines trade policy victory! 👉Happy headlines with no details released🤷♂️
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Interesting story of a small US manufacturer struggling with the level and unpredictability of tariffs. 👉 huge creativity in adjusting some of which involves moving some production to the highly specialised inputs like Japanese wood instead of moving the wood to the production…
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“almost 70 % said someone close to them had received help from Medicaid 👉”Even among Republicans, 51 % had been on Medicaid themselves or had a family member covered.” 💥”The Medicaid recipients I interviewed don’t need a push from Congress to get jobs — they already have them.…
Probably enough time for this to work its way through into inflation just as a campaign for the midterm starts… @nytimes
If EU plays hardball with USA. HOW DOES THE EU INVOKE THE ACI? 👉 The ACI gives the Commission right to examine coercion and present finding to EU members to vote on it by qualified majority (double majority). 👉 The whole process could take a year, but could be sped up.
“almost 70 % said someone close to them had received help from Medicaid 👉”Even among Republicans, 51 % had been on Medicaid themselves or had a family member covered.” 💥”The Medicaid recipients I interviewed don’t need a push from Congress to get jobs — they already have them.…
Making China Greater
🇺🇸 steps back, 🇨🇳 steps forward. Geopolitics abhors a vacuum. 👉notice a pattern?
Like I said: China has neutralised USA tariffs with it export controls. 👉Long form here👇 linkedin.com/posts/richard-…
Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm cnbc.com/2025/07/22/bes…
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Excellent, must read survey by the New York fed. ✍️ Jason Abe et all @NYFedResearch 👉 US importing firms: 1️⃣ Passing tariff to prices📊 & quickly📊0-3 months 2️⃣ Net income clobbered📊 🔗libertystreeteconomics.newyorkfed.org/2025/06/are-bu…
🤷♂️Unintended consequences 🔗on.ft.com/4f57TPS 👉”Another senior European diplomat said China was casting itself as an “honest broker” in response to Trump’s often truculent foreign policy, even towards US allies”
