Peterson Institute for International Economics

A US flag hangs on a tree trunk on a street in the northeast.

REUTERS/Brian Snyder

Photo Credit: REUTERS/Brian Snyder

How much would Trump's plans for deportations, tariffs, and the Fed damage the US economy?

Former president Donald Trump promises that Americans' lives will improve greatly if he wins re-election. But research by Warwick J. McKibbin (PIIE; Australian National University), Megan Hogan (Former PIIE), and Marcus Noland (PIIE) has found that some of his proposals would have the opposite effect.

Shipping containers are stacked at a container terminal in Boston, Massachusetts, US.

REUTERS/Brian Snyder

Photo Credit: REUTERS/Brian Snyder

RealTime Economics

What populists don't understand about tariffs (but economists do)

Kimberly Clausing (PIIE) and Maurice Obstfeld (PIIE)

October 1, 2024

A man walks past the headquarters of the People's Bank of China, the central bank of China, in Beijing, China. Picture taken on September 20, 2024.

China News Service/Jing Qiming

Photo Credit: China News Service/Jing Qiming

RealTime Economics

China's stimulus measures to boost troubled economy may fall short

Tianlei Huang (PIIE)

October 1, 2024

A general view of the border wall from the side of the United States.

SOPA Images/Michael Ho Wai Lee

Photo Credit: SOPA Images/Michael Ho Wai Lee

RealTime Economics

Trump vs. Harris on immigration: Future policy proposals

Megan Hogan (Former PIIE)

September 9, 2024

Speeches & Papers

Globalization with minimal apologies

Jason Furman (PIIE)

September 11, 2024

What's New

Photo Credit: PIIE/Jeremey Tripp

Policy Briefs

Was something structurally wrong at the FOMC?

Alan S. Blinder (Princeton University; former PIIE)

October 2024

European Union flags flutter outside the European Commission headquarters in Brussels, Belgium.

Photo Credit: REUTERS/Yves Herman

RealTime Economics

Essential issues raised, but not fully answered by the Draghi report

Olivier Blanchard (PIIE) and Ángel Ubide (Citadel)

October 8, 2024

Shipping containers at the Port of Long Beach wait for processing, in Long Beach, California.

Photo Credit: REUTERS/Bob Riha Jr.

RealTime Economics

Tariffs on all imports would create chaos for business

Wendy Edelberg (The Hamilton Project, Brookings Institution) and Maurice Obstfeld (PIIE)

October 7, 2024

Republican presidential nominee and former US President Donald Trump makes a campaign stop in Walker, Michigan. Picture taken on September 27, 2024.

Photo Credit: REUTERS/Brian Snyder

RealTime Economics

Trump's selective celebration of President McKinley

Douglas A. Irwin (PIIE) and Alan Wm. Wolff (PIIE)

October 4, 2024

Global Economic Prospects

Global Economic Prospects: Fall 2024

October 15, 2024, 1:00 PM to 2:00 PM EDT

Karen Dynan (PIIE), Martin Chorzempa (PIIE), Alejandro Werner (PIIE) and Maurice Obstfeld (PIIE)

Oct

Trade Winds

India and trade: Where is the country headed?

October 16, 2024, 9:00 AM to 10:00 AM EDT

Cecilia Malmström (PIIE), Arpita Mukherjee (Indian Council of Research on International Economic Relations) and Badri Narayanan Gopalakrishnan (Infinite Sum Modelling; NITI Aayog, Government of India)

Oct