How do trade restrictiveness and trade policy uncertainty affect FDI? An empirical investigation
Rising trade barriers and uncertainty are choking FDI inflows, hitting low and middle-income investors hardest in a fragmented global economy. In the context of rising
When two AI systems become one: unifying data and knowledge in global trade
Navigating global trade data is often a dual challenge for policymakers and researchers: finding the right numbers is hard, but understanding exactly what those numbers
From openness to vulnerability: Mapping the EU’s foreign dependencies and geopolitical exposure
Recent crises and trade tensions have revealed that EU reliance on foreign suppliers can pose serious risks, especially for essential goods. This column provides a
Trade risk and optimal trade policy: Lessons from food security
Geopolitical shocks and trade disruptions have made imports less reliable, especially for essential goods like food. This column outlines a framework where trade costs are
Don’t swap tariffs for minimum prices on Chinese electric vehicles
One year after the European Union imposed sweeping anti-subsidy duties on battery electric vehicles imported from China, the data tell a story very different from
Tariffs, global imbalances, and the dollar
While the Trump administration has offered multiple justifications for imposing tariffs, none has been as prominently cited as the goal of reducing trade deficits. This
The flawed rationale behind America’s “reciprocal tariffs”
On 2 April 2025, the Trump administration declared a “national emergency” caused by “large and persistent US goods trade deficits” and announced the imposition of
IMF upgrades Asia’s growth forecast, warns of risks
Economic activity in the Asia-Pacific was holding up better than expected in April, despite the region bearing the brunt of U.S. tariffs, said Krishna Srinivasan,
Decoupling without deglobalisation: The new geography of trade blocs
As geopolitical tensions rise, fears of deglobalisation have taken centre stage. However, world trade has remained surprisingly resilient, at least through 2023. This column uses
Trump tariff policy, uncertainty, and the role of economics
President Trump’s tariff policy is shaking the global economy and generating high levels of trade policy uncertainty. This column challenges the economic reasoning behind recent
