Trade

  1. China’s Agricultural Import Commitments: Inefficient “Managed” Trade?

    Jul 21, 2020

    In light of the sectors targeted by China’s retaliatory tariffs against U.S. imports, it is not surprising that agriculture was a critical component of the Phase One Trade Agreement between the U.S. and China, that went into effect on February 14, 2020.   Specifically, China committed to purchasing an additional $12.5 and $19.5 billion worth of U.S. agricultural products above 2017 levels in 2020 and 2021, respectively, implying total agricultural imports of $36.5 billion in 2020 and $43.5 billion in 2021 (see Section 6-1 of the Agreement). Essentially, these commitments by China constitute a voluntary import expansion (VIE), harking back to the era of so-called “managed” trade between the U.S. and Japan in the 1980s (Bown and Keynes, 2020).

  2. International Trade in the Era of COVID-19

    Jul 8, 2020

    Dr.s Ian Sheldon and Brent Sohngen discuss the state of International Trade in the Era of COVID-19.

  3. Agricultural exports doing relatively well

    Jul 1, 2020

    Though the COVID-19 pandemic has cut demand for many U.S. products, agricultural exports are holding up well, according to a new analysis by an agricultural economist with The Ohio State University. 

  4. Diverse Group of Experts in Economics, Business and Law to Weigh in on U.S. Trade Policy

    Jan 14, 2019

    There are still open spots for the free conference.  Registration ends on January, 31 2019.

  5. U.S. Withdrawal from Trans Pacific Partnership (TPP) Hurts U.S., Benefits China

    Dec 31, 2018

    Abandoning Strategic and Economic Goals of TPP Has Consequences

    When the United States withdrew from Trans Pacific Partnership (TPP), it forfeited strategic advantages and economic benefits that would likely have emerged through the mega trade deal and partnership with 11 other economies, according to findings presented in a new study.

  6. The Impact the Trade Disputes are Having on Farmers and the $12 Billion Emergency Aid Package

    Jul 27, 2018

    Professor Ian Sheldon Interview on Trade and Tariffs on Knowledge @ Wharton.

  7. Could the U.S. Rejoin the Transpacific Partnership?

    Apr 16, 2018

    AEDE's Ian Sheldon joins Joshua Meltzer, Senior Fellow in Global Economy and Development at the Brookings Institute to discuss President Trump's willingness to revisit the Trans Pacific Partnership TPP.

  8. Impact on Farmers From Trade Tariff Threats Between the U.S. and China

    Apr 11, 2018

    AEDE Professor Ian Sheldon joins Daniel Sumner from the University of California at Davis and David Swenson from Iowa State University on the Knowledge@Wharton radio program.

  9. Tariffs on steel and aluminum imports could have costly ramifications for Ohio soybean farmers. (Photo: Thinkstock)

    Tariffs Could Spell Disaster for Ohio Farmers and National Economy

    Mar 12, 2018

     In a state whose biggest agricultural export is soybeans, growers of the crop perhaps should be leery.

  10. Dr. Ian Sheldon

    NAFTA and the Importance of Trade on 'Town Hall Ohio'

    Jan 23, 2018

    Ohio businesses and farms sell a lot of product to foreign countries. Some fifty-five percent of our state’s exports go to Canada and Mexico, who happen to be our partners in the North American Free Trade Agreement, best known as NAFTA. With that as a backdrop, you can understand why Ohio’s business and farm communities are more than a bit concerned when President Trump says he may want to back away from the trade deal. Why NAFTA is important, to all Ohioans, on this episode of Town Hall Ohio.

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