Peterson Institute for International Economics

The American and Chinese flags are photographed on the negotiating table, during a bilateral meeting between the United States and China. May 2025.

Photo Credit: KEYSTONE/EDA/via REUTERS/Martial Trezzini

China Still Has What America Needs

At President Donald Trump’s coming summit with Chinese leader Xi Jinping, the US government should seek increased imports of key strategic goods and more foreign direct investment from China, Adam S. Posen writes in Foreign Affairs. This approach would buy Washington more time to diversify America’s sources of supply.

With the US government's backing, USA Rare Earth, Inc. invested in Brazil's critical minerals sector, sparking debate over Brazil's national sovereignty. October 2025.

SOPA Images via Reuters/Timon Schneider

Photo Credit: SOPA Images via Reuters/Timon Schneider

RealTime Economics

Are Brazil's critical minerals next in line for Trump's quest to commandeer resources?

Monica de Bolle (PIIE)

September 15, 2026

Smoke billows from the Ras Tanura oil refinery in Saudi Arabia after a reported Iranian drone strike, amid the US-Israel conflict with Iran. March 2026.

REUTERS/Stringer

Photo Credit: REUTERS/Stringer

Policy Briefs

The Iran war is raising doubts over Trump’s "America First" foreign investment goal

Gregory Auclair (PIIE) and Adnan Mazarei (PIIE)

September 10, 2026

Yuan banknotes are displayed in this photo illustration.

Creative Commons

Photo Credit: Creative Commons

RealTime Economics

Has the Chinese yuan's rise in global usage hit a wall?

Martin Chorzempa (PIIE)

September 2, 2026

The US Commerce Department, a parent agency of the Census Bureau, has sparked scrutiny over the political independence of federal statistics. January 2023.

Sipa USA/Graeme Sloan

Photo Credit: Sipa USA/Graeme Sloan

RealTime Economics

Political meddling at the Census Bureau damages the entire US statistical system

Jed Kolko (PIIE)

September 1, 2026

What's New

The European Central Bank headquarters in Frankfurt, Germany.

Competitiveness and stability in banking: Two sides of the same coin

Klaas Knot (PIIE)

September 18, 2026

China Still Has What America Needs

Adam S. Posen (PIIE)

September 21, 2026

via Foreign Affairs

Demonstrators hold up signs calling for regulation of artificial intelligence during a protest in Chapel Hill. September 2026.

Will the Trump-Xi summit make limited progress on AI?

Alan Wm. Wolff (PIIE)

September 18, 2026

Are Brazil's critical minerals next in line for Trump's quest to commandeer resources?

Monica de Bolle (PIIE)

September 15, 2026

PIIE Charts

State control of the US economy, or socialism, expanded sharply in 2025 under a Republican White House and Congress

Cullen S. Hendrix (PIIE)

September 21, 2026

Trump's tariff revenue tracker: How much is the US collecting? Which imports are hit?

Gary Clyde Hufbauer (PIIE) and Ye Zhang (PIIE)

August 14, 2026

Trump wants to make Greenland rich, but Denmark outperforms the US economically

Jacob Funk Kirkegaard (PIIE)

August 7, 2026

Years of US tariffs on China have largely failed to reduce dependence on Chinese suppliers

Mary E. Lovely (PIIE) and Christine Y. Wan (PIIE)

August 4, 2026

The Trump-Xi summit and possible future of US-China economic relations

September 22, 2026, 9:00 AM to 10:00 AM EDT

Chad P. Bown (PIIE), Marcus Noland (PIIE), Adam S. Posen (PIIE) and Yeling Tan (PIIE)

Sep

Grappling with US fiscal deficits and debt: Understanding the implications at home and abroad

September 24, 2026, 10:00 AM to 12:00 PM EDT

Aviva Aron-Dine (The Hamilton Project), Oya Celasun (International Monetary Fund), Kimberly Clausing (PIIE), Jason Furman (PIIE), Maurice Obstfeld (PIIE) and Sheldon Whitehouse (US Senate)

Sep