Trade Deals Under the Radar
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
2y ago
This episode is dedicated to the trade deals you haven’t heard about. Sometimes called mini or skinny deals, over the last few decades the U.S. has made over 1,200 of these agreements. These deals cover a range of issues, vary in scope, are often not made public, and rarely go out of force. They have one thing in common: all are initiated by the Executive branch and enacted without a final “thumbs up” from Congress. Kathleen Claussen, Associate Professor at the University of Miami School of Law and former associate general counsel at USTR, is tracking down these agreements. Kathleen joins us t ..read more
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Adjustment, Part 2: Rethinking Adjustment Assistance
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
Trade Adjustment Assistance is set to expire July 1, with no signs to date that Congress will soon act to renew it. Grant Aldonas is back on Trade Matters with part two on “adjustment.” Aldonas discusses Trade Adjustment Assistance and the components necessary for what he would call a true adjustment assistance program, one that addresses the broader challenge confronting workers and fosters nimbler and more proactive responses to change. Opinions expressed on Trade Matters are solely those of the guest or host and not the Yeutter Institute or the University of Nebraska-Lincoln. What Grant’s ..read more
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Adjustment, Part 1: Misdiagnosing the Problem of Economic Mobility
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
How do we adjust to a competitive global economy and define the challenges facing workers? Grant Aldonas, former Under Secretary of Commerce for International Trade, discusses what he calls a misdiagnosis of the problem, political constraints on changing the conversation, and the need to review domestic policies that can be obstacles to economic mobility. Part one of two on “adjustment.” Opinions expressed on Trade Matters are solely those of the guest or host and not the Yeutter Institute or the University of Nebraska-Lincoln. Show Notes A town renewed: Factory in tiny DeWitt, Nebraska, pu ..read more
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How We Talk About Trade
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
Has the parlance of trade kept up with changes in the way trade actually happens? Dr. Phil Levy, Chief Economist at Flexport and former White House and State Department economic policy adviser, joins us to discuss this gap, why it exists, and how it relates to public expectations about what trade agreements can and should accomplish. Opinions expressed on Trade Matters are solely those of the guest or host and not the Yeutter Institute or the University of Nebraska-Lincoln. Show Notes Does the U.S. Need a Vigorous Industrial Policy? by Phil Levy and Christine McDaniel, Discourse Magazine, F ..read more
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Listening to Americans on Trade Policy
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
There is growing momentum around the effort to understand how Americans everywhere perceive the impact of trade policy and their role in international commerce. Catherine Novelli, President of Listening for America, draws on her experience as a trade negotiator and State Department official and recent conversations with over 1,000 Americans nationwide to discuss this trend. She explains why input from a broad swath of Americans is important to the development of trade policy, how the U.S. government is set up to receive feedback, and how diverse perspectives can be integrated into trade policy ..read more
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The WTO & Domestic Politics
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
When the U.S. loses a trade dispute at the World Trade Organization, how does that decision impact U.S. domestic politics and electoral outcomes? Economists and political scientists are teaming up to propose a new research agenda to examine risks facing international economic institutions and connections to domestic politics. Dr. Renee Bowen, Professor of Economics and Director of the Center for Commerce and Diplomacy at UC San Diego, discusses what she and colleagues have learned so far and where they believe there are still gaps in the research. Opinions expressed on Trade Matters are solel ..read more
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What’s Next for U.S. Trade Policy?
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
How the U.S. should engage in the Asia-Pacific region will be high on the trade policy agenda for the incoming Biden administration. Wendy Cutler, Vice President of the Asia Society Policy Institute, draws on her long career as a U.S. trade negotiator to explain what’s at stake in the region, what the future may hold for U.S.-UK and U.S.-Kenya trade negotiations now underway, and how CPTPP member countries view the potential return of the United States to the agreement. She also discusses what a presidential transition looks like from inside USTR and offers steps the U.S. government could take ..read more
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Revitalizing the WTO
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
The world trading system is at a turning point, and the role of the World Trade Organization is at the center of the discussion. Clete Willems, Washington lawyer and former White House trade advisor, makes the case for reforming the WTO across all three of its pillars: negotiations, implementation and monitoring, and dispute settlement, and points to a critical alliance to move the system forward: the US and EU. Opinions expressed on Trade Matters are solely those of the guest or host and not the Yeutter Institute or the University of Nebraska-Lincoln. Show Notes: What Clete Willems has bee ..read more
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A Ticking Clock on GSP
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
U.S. small businesses are major beneficiaries of the Generalized System of Preferences (GSP), a U.S. program that allows eligible developing countries to export certain products to the U.S. duty-free to spur economic growth in those countries. The program expires on December 31, 2020. Dan Anthony of The Trade Partnership and Coalition for GSP discusses the rationale for GSP, the issues at hand for Congress, and what’s at stake if it expires. Opinions expressed on Trade Matters are solely those of the guest or host and not the Yeutter Institute or the University of Nebraska-Lincoln. Show Note ..read more
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Power, Prosperity and the Sea
Trade Matters
by Clayton Yeutter Institute of International Trade and Finance
3y ago
E018: Most global trade in goods moves by sea—but what makes that possible? U.S. Navy Admiral (Ret.) James Stavridis walks through the global network of naval forces that supports international trade and discusses the linkages between this system and national security, power and prosperity. He also discusses his experience building an anti-piracy maritime coalition that included Russia, China, and Iran when he served as NATO Supreme Allied Commander—and what lessons that may offer today as Russia and China build up their naval forces at a time of increased trade tensions. Opinions expressed o ..read more
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