Brad Setser
@Brad_Setser
CFR senior fellow. Views are my own. Retweets are not endorsements. Writes on sovereign debt and capital flows.
Well that answers my question about what Japan got in return for accepting a 15% base quota ...
*US TO SET TARIFFS ON JAPAN AUTO IMPORTS AT 15% So every Japanese car is going to go up 15% in price now? Why are we doing this to ourselves again?
From the IMF's new external sector report on China: "the lack of data on income flows by investment type hampers analysis of trends, including the potential reasons for the flat income balance since the pandemic despite the increase in the global interest rate"
And of course @Brad_Setser has a very thorough summary of all the other issues raised in the report, as well as the places where there is still a lot of room for improvement: cfr.org/blog/better-la…