Richard Baldwin
@baldwinre.bsky.social
Prof of Int’l Econ @IMD_Bschool; Founder & Editor-in-Chief @VoxEU; NonRes Fellow @PIIE
Books:The Globotics Upheaval 2019, The Great Upheaval 2016.
MIT Econ PhD
Books:The Globotics Upheaval 2019, The Great Upheaval 2016.
MIT Econ PhD
Manufacturing jobs fall as Pres. Trump’s cost-raising policies (tariffs on inputs & deportations of workers) begin to work as expected 🤷♂️
August 2, 2025 at 6:05 AM
Manufacturing jobs fall as Pres. Trump’s cost-raising policies (tariffs on inputs & deportations of workers) begin to work as expected 🤷♂️
Price hikes aren’t the only way to pass on the tariffs to American consumers 👇
>Levi Strauss will limit items for holiday shopping season
• Limiting selection should mitigate tariff costs, protect margins
• Strategy has been used by other brands including Hasbro, Nike
>Levi Strauss will limit items for holiday shopping season
• Limiting selection should mitigate tariff costs, protect margins
• Strategy has been used by other brands including Hasbro, Nike
July 14, 2025 at 3:00 PM
Price hikes aren’t the only way to pass on the tariffs to American consumers 👇
>Levi Strauss will limit items for holiday shopping season
• Limiting selection should mitigate tariff costs, protect margins
• Strategy has been used by other brands including Hasbro, Nike
>Levi Strauss will limit items for holiday shopping season
• Limiting selection should mitigate tariff costs, protect margins
• Strategy has been used by other brands including Hasbro, Nike
.📣 @ChrisGiles_
👉 “there was a 16 per cent drop in services exports to the EU in sectors where Brexit imposed new trade frictions “
👉 “there was a 16 per cent drop in services exports to the EU in sectors where Brexit imposed new trade frictions “
July 10, 2025 at 3:00 PM
.📣 @ChrisGiles_
👉 “there was a 16 per cent drop in services exports to the EU in sectors where Brexit imposed new trade frictions “
👉 “there was a 16 per cent drop in services exports to the EU in sectors where Brexit imposed new trade frictions “
✍️ @rbrtrmstrng
“Ninety deals in 90, no wait, 113 days, and we’re serious this time”
👉 The deadline, to absolutely no one’s surprise, was no deadline at all.
“Ninety deals in 90, no wait, 113 days, and we’re serious this time”
👉 The deadline, to absolutely no one’s surprise, was no deadline at all.
July 9, 2025 at 3:00 PM
✍️ @rbrtrmstrng
“Ninety deals in 90, no wait, 113 days, and we’re serious this time”
👉 The deadline, to absolutely no one’s surprise, was no deadline at all.
“Ninety deals in 90, no wait, 113 days, and we’re serious this time”
👉 The deadline, to absolutely no one’s surprise, was no deadline at all.
Talking my eBook "The Great Trade Hack" on CNN International!
video.snapstream.net/Play/1Cje19... @IMD_Bschool @cepr_org
video.snapstream.net/Play/1Cje19... @IMD_Bschool @cepr_org
July 9, 2025 at 2:09 PM
Talking my eBook "The Great Trade Hack" on CNN International!
video.snapstream.net/Play/1Cje19... @IMD_Bschool @cepr_org
video.snapstream.net/Play/1Cje19... @IMD_Bschool @cepr_org
This is why markets look through Trump‘s tariff announcements 🎩 @martinwolf_
July 9, 2025 at 8:24 AM
This is why markets look through Trump‘s tariff announcements 🎩 @martinwolf_
Today is TACO Tuesday!
👉 As predicted in June, Trump chickened out (he lowered tariff rates and postponed his postponement)!
👉GDP growth slowly, inflation rising. He couldn't risk carrying through with his 2 April 2025 tariffs.
👉 As predicted in June, Trump chickened out (he lowered tariff rates and postponed his postponement)!
👉GDP growth slowly, inflation rising. He couldn't risk carrying through with his 2 April 2025 tariffs.
July 8, 2025 at 1:20 PM
Today is TACO Tuesday!
👉 As predicted in June, Trump chickened out (he lowered tariff rates and postponed his postponement)!
👉GDP growth slowly, inflation rising. He couldn't risk carrying through with his 2 April 2025 tariffs.
👉 As predicted in June, Trump chickened out (he lowered tariff rates and postponed his postponement)!
👉GDP growth slowly, inflation rising. He couldn't risk carrying through with his 2 April 2025 tariffs.
Do you think Donald Trump views yesterday tiff announcements as a huge success?
July 8, 2025 at 12:06 PM
Do you think Donald Trump views yesterday tiff announcements as a huge success?
Why did President Trump chicken out yesterday on the deadline (pushed to 1 August) and on the rates (substantially reduced)?
👉 Because tariffs are pushing up retail prices; that can't be good for his base.
👉 Because tariffs are pushing up retail prices; that can't be good for his base.
July 8, 2025 at 10:46 AM
Why did President Trump chicken out yesterday on the deadline (pushed to 1 August) and on the rates (substantially reduced)?
👉 Because tariffs are pushing up retail prices; that can't be good for his base.
👉 Because tariffs are pushing up retail prices; that can't be good for his base.
Reposted by Richard Baldwin
New video and discussion - must watch!
Richard Baldwin explores his new e-book, The Great Trade Hack: How Trump’s 2025 Tariff Blitz Fails and the World Moves On @piie.com @cepr.org @baldwinre.bsky.social
www.piie.com/events/2025/...
Richard Baldwin explores his new e-book, The Great Trade Hack: How Trump’s 2025 Tariff Blitz Fails and the World Moves On @piie.com @cepr.org @baldwinre.bsky.social
www.piie.com/events/2025/...
CEPR e-book launch: The Great Trade Hack by Richard Baldwin
Richard Baldwin explores the key arguments from his new e-book, The Great Trade Hack: How Trump’s 2025 Tariff Blitz Fails and the World Moves On, published by the Centre for Economic Policy Research (...
www.piie.com
June 27, 2025 at 6:19 AM
New video and discussion - must watch!
Richard Baldwin explores his new e-book, The Great Trade Hack: How Trump’s 2025 Tariff Blitz Fails and the World Moves On @piie.com @cepr.org @baldwinre.bsky.social
www.piie.com/events/2025/...
Richard Baldwin explores his new e-book, The Great Trade Hack: How Trump’s 2025 Tariff Blitz Fails and the World Moves On @piie.com @cepr.org @baldwinre.bsky.social
www.piie.com/events/2025/...
Trump trade advisors super MAGA! (not).
➡️Apart from Navarro, all more moderate on trade than Trump himself.
➡️Apart from Navarro, all more moderate on trade than Trump himself.
January 22, 2025 at 2:32 PM
Trump trade advisors super MAGA! (not).
➡️Apart from Navarro, all more moderate on trade than Trump himself.
➡️Apart from Navarro, all more moderate on trade than Trump himself.
Reposted by Richard Baldwin
Trade nerds! Famous 1976 handwritten paper where Victor Norman anticipates the new trade theory, esp. Helpman-Krugman Heckscher-Ohlin-Krugman fusion. He gave it to me in October 1997 in Bergen.
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU
Did Victor Norman do the New Trade Theory first?
Richard Baldwin, @IMD, 4 October 2024, Factful Friday. Introduction.
lnkd.in
December 27, 2024 at 1:28 PM
Trade nerds! Famous 1976 handwritten paper where Victor Norman anticipates the new trade theory, esp. Helpman-Krugman Heckscher-Ohlin-Krugman fusion. He gave it to me in October 1997 in Bergen.
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU
Reposted by Richard Baldwin
Or just the "last advisor in the room" approach to foreign policy? His tariff numbers seem to come from a random number generator, so why not his foreign policy?
Take the oil, reclaim the Panama Canal, buy Greenland, absorb Canada ... it's 19th century imperialism.
Trump's foreign policy can be a little difficult to characterize at times, but I think "imperialism" may be the best term.
December 22, 2024 at 9:24 AM
Or just the "last advisor in the room" approach to foreign policy? His tariff numbers seem to come from a random number generator, so why not his foreign policy?
Reposted by Richard Baldwin
This @baldwinre.bsky.social post is worth reading for those of us thinking about what the 'geopolitical' or 'geoeconomic' turn in international (trade) policy means — and how we can not only understand it but also consider the source of the field's established ideas. www.linkedin.com/posts/richar...
Richard Baldwin on LinkedIn: Is comparative advantage valid in a geopolitical world? | 22 comments
As The Trump Tariff Show, Season 2, is about to start, the age-old principle of Ricardian comparative advantage faces unprecedented scrutiny. Is the classic… | 22 comments on LinkedIn
www.linkedin.com
January 8, 2025 at 9:05 AM
This @baldwinre.bsky.social post is worth reading for those of us thinking about what the 'geopolitical' or 'geoeconomic' turn in international (trade) policy means — and how we can not only understand it but also consider the source of the field's established ideas. www.linkedin.com/posts/richar...
Reposted by Richard Baldwin
January 13, 2025 at 5:28 PM
Reposted by Richard Baldwin
YOU DON’T SAY. “A party that had lined up behind Trump’s ‘America First’ policy agenda to end wars, not start them, was also willing to support his expansionist musings.” www.washingtonpost.com/politics/202...
Trump’s expansionist designs prompt worried responses from foreign leaders
Donald Trump’s fixation on expanding the nation’s territory has foreign leaders weighing a familiar question: Should they take him seriously? Many are trying.
www.washingtonpost.com
January 13, 2025 at 1:10 AM
YOU DON’T SAY. “A party that had lined up behind Trump’s ‘America First’ policy agenda to end wars, not start them, was also willing to support his expansionist musings.” www.washingtonpost.com/politics/202...
Reposted by Richard Baldwin
A propos of everything: My book is called The Tech Coup, How To Save Democracy From Silicon Valley ↘️ bookshop.org/p/books/the-...
The Tech Coup: How to Save Democracy from Silicon Valley a book by Marietje Schaake
An insider offers a "forceful critique...of Big Tech's steady erosion of democracy" (The New Yorker) and describes what must be done to stop it Over the past decades, under the cover of "innovation," ...
bookshop.org
January 8, 2025 at 1:04 PM
A propos of everything: My book is called The Tech Coup, How To Save Democracy From Silicon Valley ↘️ bookshop.org/p/books/the-...
Reposted by Richard Baldwin
You ask a lot of questions, and they're always good ones 😉
January 13, 2025 at 1:28 PM
You ask a lot of questions, and they're always good ones 😉
Reposted by Richard Baldwin
In the waning days of the Biden administration, I took one of my last opportunities to comment on U.S. Trade Rep. Katherine Tai's trade policy thoughts (also, I tried to lure her into posting on the IELP blog -- we'll see if she takes me up on it!).
Katherine Tai on "The Real Purpose of Trade Policy"
As we close in on the end of the Biden administration, I may have fewer opportunities to react to Katherine Tai's thoughts on trade policy. My Katherine Tai tag now has over 60 entries. I've enjoyed w...
ielp.worldtradelaw.net
January 13, 2025 at 1:18 PM
In the waning days of the Biden administration, I took one of my last opportunities to comment on U.S. Trade Rep. Katherine Tai's trade policy thoughts (also, I tried to lure her into posting on the IELP blog -- we'll see if she takes me up on it!).
Reposted by Richard Baldwin
must read
"The Global Distribution of Authorship in Economics Journals" (w/ E Aigner and J Greenspon)--a much revised and updated version now forthcoming at World Development. (Incidentally, my very first academic publication was in that same journal back in 1981!) drodrik.scholar.harvard.edu/publications...
The Global Distribution of Authorship in Economics Journals
Aigner E, Greenspon J, Rodrik D. The Global Distribution of Authorship in Economics Journals. 2025.
drodrik.scholar.harvard.edu
January 13, 2025 at 1:20 PM
must read
Reposted by Richard Baldwin
This is an 🇪🇺 policy failure
EU shipyards are fixing Russia’s Arctic LNG tankers
Repairs and dry-docking enable Moscow to maintain market access for gas plant through the winter
www.ft.com
January 13, 2025 at 3:30 PM
This is an 🇪🇺 policy failure
Reposted by Richard Baldwin
Read a couple of the news pieces on UK AI plans which leave me none the wiser about what is actually going to be done, so I guess it will all be in the implementation - but in various fields through my career I've always been concerned by something that can't be easily described.
January 13, 2025 at 8:48 AM
Read a couple of the news pieces on UK AI plans which leave me none the wiser about what is actually going to be done, so I guess it will all be in the implementation - but in various fields through my career I've always been concerned by something that can't be easily described.
Why Trump tariffs will harm US industrial competitiveness
👉Factful Friday rerun!
US final good tariffs protect final goods firms but tariffs inputs harm them.
🔗https://www.linkedin.com/pulse/trumps-tariffs-china-harm-us-manufacturing-richard-baldwin-pmmte/?trackingId=Pmct8VMqME8F24k%2F2iz2Sg%3D%3D
👉Factful Friday rerun!
US final good tariffs protect final goods firms but tariffs inputs harm them.
🔗https://www.linkedin.com/pulse/trumps-tariffs-china-harm-us-manufacturing-richard-baldwin-pmmte/?trackingId=Pmct8VMqME8F24k%2F2iz2Sg%3D%3D
January 13, 2025 at 4:15 PM
Why Trump tariffs will harm US industrial competitiveness
👉Factful Friday rerun!
US final good tariffs protect final goods firms but tariffs inputs harm them.
🔗https://www.linkedin.com/pulse/trumps-tariffs-china-harm-us-manufacturing-richard-baldwin-pmmte/?trackingId=Pmct8VMqME8F24k%2F2iz2Sg%3D%3D
👉Factful Friday rerun!
US final good tariffs protect final goods firms but tariffs inputs harm them.
🔗https://www.linkedin.com/pulse/trumps-tariffs-china-harm-us-manufacturing-richard-baldwin-pmmte/?trackingId=Pmct8VMqME8F24k%2F2iz2Sg%3D%3D
Trade nerds! Famous 1976 handwritten paper where Victor Norman anticipates the new trade theory, esp. Helpman-Krugman Heckscher-Ohlin-Krugman fusion. He gave it to me in October 1997 in Bergen.
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU
Did Victor Norman do the New Trade Theory first?
Richard Baldwin, @IMD, 4 October 2024, Factful Friday. Introduction.
lnkd.in
December 27, 2024 at 1:28 PM
Trade nerds! Famous 1976 handwritten paper where Victor Norman anticipates the new trade theory, esp. Helpman-Krugman Heckscher-Ohlin-Krugman fusion. He gave it to me in October 1997 in Bergen.
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU
See full story (amazing) in my Factful Friday from 4 October 2024 lnkd.in/e5Buz3WU