Geopolitics programs

The Great Trade Hack by Richard Baldwin explains how Trump’s 2025 tariff blitz wasn’t economic strategy. It was grievance politics. Tariffs, Baldwin shows, are political placebos that won’t fix the U.S. economy but could fracture the global trade …

On 12 May 2025, China and the United States released a joint statement that ended the recent escalation in tariffs. For 90 days each agreed to lower their tariffs by 115%. This only applies to import taxes imposed since 2 April 2025—all prior tari…

Purpose Jean Boddewyn’s (1929–2022) work in international business political behavior launched a stream of research at the intersection of international business (IB) and strategic management that is now referred to as international nonmarket str…

Trade conflict is costly to all parties. Canadian and Mexican trade retaliation can deny tariff-related wins for American workers. Blunt retaliation could go so far as to eliminate all the take-home pay gains in 40 U.S. states and make whatever ga…

Many American politicians contend that Chinese imports delivered a blow to manufacturing jobs, especially in the Rust Belt states. President Trump wants to fix the employment loss by raising import tariffs. Simulating the job, wage, and inflation …

The trade policy stance of foreign governments to China’s goods exports is reviewed here. A balanced approach is taken— examining new import reforms facilitating sourcing from China as well as new import curbs. Further perspective is provided by c…

On the campaign trail, Mr. Trump slammed subsidy-driven approaches to attracting foreign investment in U.S. manufacturing. Putting tariffs on imported goods and saving subsidy outlays was his preference. Since 2017, the United States has seen two …

Already certain American trading partners have received tariff threats to their exports, prompting questions as to how best to respond. Drawing on the lessons from the first Trump Administration, statements made by the President-elect and his circ…

Although counter-intuitive at first, higher import tariffs on goods can affect the value of cross-border services trade. Since higher U.S. import tariffs won’t change the net saving position of the United States, the current account remains the sa…