Lori Wallach
@wallachlori.bsky.social
Director @ Rethink Trade | #WTO #NAFTA #ISDS #supplychainmess 💗 trade justice 🚫 hyperglobalization, corporate-rigged trade deals, Big Tech monopolies | www.rethinktrade.org
Larry Summers — not just wrong and immoral on economics and trade…
November 13, 2025 at 3:50 PM
Larry Summers — not just wrong and immoral on economics and trade…
And POTUS again shreds his lawyer's key claim in SupCrt tariff case:
Trump SolGen Sauer 11/5 - "These are regulatory tariffs. They are not revenue-raising tariffs.... The tariffs would be most effective, so to speak, if no -- no -- no person ever paid them."
Trump 11/9👇
Trump SolGen Sauer 11/5 - "These are regulatory tariffs. They are not revenue-raising tariffs.... The tariffs would be most effective, so to speak, if no -- no -- no person ever paid them."
Trump 11/9👇
November 11, 2025 at 3:02 PM
And POTUS again shreds his lawyer's key claim in SupCrt tariff case:
Trump SolGen Sauer 11/5 - "These are regulatory tariffs. They are not revenue-raising tariffs.... The tariffs would be most effective, so to speak, if no -- no -- no person ever paid them."
Trump 11/9👇
Trump SolGen Sauer 11/5 - "These are regulatory tariffs. They are not revenue-raising tariffs.... The tariffs would be most effective, so to speak, if no -- no -- no person ever paid them."
Trump 11/9👇
Sharing my thoughts on @rushdoshi.bsky.social's take on the Trump–Xi deal here too.
Rush's original thread here: x.com/RushDoshi/st...
Rush's original thread here: x.com/RushDoshi/st...
November 3, 2025 at 8:17 PM
Sharing my thoughts on @rushdoshi.bsky.social's take on the Trump–Xi deal here too.
Rush's original thread here: x.com/RushDoshi/st...
Rush's original thread here: x.com/RushDoshi/st...
Check out my latest podcast: A Chinese rare earths/magnet cut off can derail the global economy - and affect you directly. Years of planning led to China's near-monopoly. Rare earths are not rare/lucrative, but control over processing = major geopolitical power says @rushdoshi.bsky.social 1/
October 28, 2025 at 11:19 PM
Check out my latest podcast: A Chinese rare earths/magnet cut off can derail the global economy - and affect you directly. Years of planning led to China's near-monopoly. Rare earths are not rare/lucrative, but control over processing = major geopolitical power says @rushdoshi.bsky.social 1/
Wait, isn’t there a Michael Moore film about a US president with bad approval ratings who is desperate to change the subject by vilifying 🇨🇦?
Trump announced he is cutting off all trade talks over a tv ad from Canada he dislikes - really. [1 / 2]
Trump announced he is cutting off all trade talks over a tv ad from Canada he dislikes - really. [1 / 2]
October 24, 2025 at 6:19 AM
Wait, isn’t there a Michael Moore film about a US president with bad approval ratings who is desperate to change the subject by vilifying 🇨🇦?
Trump announced he is cutting off all trade talks over a tv ad from Canada he dislikes - really. [1 / 2]
Trump announced he is cutting off all trade talks over a tv ad from Canada he dislikes - really. [1 / 2]
Re: rare earth minerals -
Not yet clear how this episode plays out but decades of over reliance by past US GOP & Dem presidents & other nations on China for especially processing of rare earths/magnet making & related technologies & expertise means China now has monopoly power.
Not yet clear how this episode plays out but decades of over reliance by past US GOP & Dem presidents & other nations on China for especially processing of rare earths/magnet making & related technologies & expertise means China now has monopoly power.
October 15, 2025 at 5:03 PM
Re: rare earth minerals -
Not yet clear how this episode plays out but decades of over reliance by past US GOP & Dem presidents & other nations on China for especially processing of rare earths/magnet making & related technologies & expertise means China now has monopoly power.
Not yet clear how this episode plays out but decades of over reliance by past US GOP & Dem presidents & other nations on China for especially processing of rare earths/magnet making & related technologies & expertise means China now has monopoly power.
Prices increases charged by services producers are nearly double goods price increases. (Tariffs are only charged on goods & can boost prices depending on passthough decisions.) But the services price jump was volitional - boosting of profits margins. bls.gov/news.release...
August 14, 2025 at 7:46 PM
Prices increases charged by services producers are nearly double goods price increases. (Tariffs are only charged on goods & can boost prices depending on passthough decisions.) But the services price jump was volitional - boosting of profits margins. bls.gov/news.release...
July's Producer Price Index is out. Despite predictions tariffs on intermediate goods would raise prices, goods prices are fairly flat. So why the "prices up" headlines? Prices for services jumped and half of that is increased profits. Price gounging using tariff excuses? 1/2
August 14, 2025 at 7:46 PM
July's Producer Price Index is out. Despite predictions tariffs on intermediate goods would raise prices, goods prices are fairly flat. So why the "prices up" headlines? Prices for services jumped and half of that is increased profits. Price gounging using tariff excuses? 1/2
Ding Dong De Minimis is Dead! The dangerous trade loophole letting 4 milion daily packages of online purchases mainly from China into the US w/o inspection, tariffs, taxes is ending! Big online retailers & delivery corps scoffed 6 yrs ago when we first demanded this scam's end 1/
August 1, 2025 at 1:10 AM
Ding Dong De Minimis is Dead! The dangerous trade loophole letting 4 milion daily packages of online purchases mainly from China into the US w/o inspection, tariffs, taxes is ending! Big online retailers & delivery corps scoffed 6 yrs ago when we first demanded this scam's end 1/
❌ Parallel to a deal, a trade partner approves new Trump Organization resorts, golf courses, or other investment/IP rights, or grants permission for Starlink operations or other private business deals for Trump, his advisors, and his wealthy allies. 18/
July 9, 2025 at 10:38 PM
❌ Parallel to a deal, a trade partner approves new Trump Organization resorts, golf courses, or other investment/IP rights, or grants permission for Starlink operations or other private business deals for Trump, his advisors, and his wealthy allies. 18/
❌ Deal requires trade partners to waive enforcement or penalties against Big Tech for competition policies.
❌ Deal requires trade partners to weaken/eliminate competition, privacy, data, AI, or other tech policies.
Read up on "Digital Trade" in Compact
13/
❌ Deal requires trade partners to weaken/eliminate competition, privacy, data, AI, or other tech policies.
Read up on "Digital Trade" in Compact
13/
July 9, 2025 at 10:38 PM
❌ Deal requires trade partners to waive enforcement or penalties against Big Tech for competition policies.
❌ Deal requires trade partners to weaken/eliminate competition, privacy, data, AI, or other tech policies.
Read up on "Digital Trade" in Compact
13/
❌ Deal requires trade partners to weaken/eliminate competition, privacy, data, AI, or other tech policies.
Read up on "Digital Trade" in Compact
13/
✅ Deal includes export quotas, tariffs, tariff-rate quotas, or other tools that limit imports to the United States from the other country. Balancing US trade requires that we address the growing import problem fueling the trade deficit. 13/
July 9, 2025 at 10:38 PM
✅ Deal includes export quotas, tariffs, tariff-rate quotas, or other tools that limit imports to the United States from the other country. Balancing US trade requires that we address the growing import problem fueling the trade deficit. 13/
✅ Deal has rules to counter Chinese exports getting into the US through other nations - whether from embedded Chinese content or FDI in a third country, or illegal transshipment, labeling fraud and other scams. 12/
July 9, 2025 at 10:38 PM
✅ Deal has rules to counter Chinese exports getting into the US through other nations - whether from embedded Chinese content or FDI in a third country, or illegal transshipment, labeling fraud and other scams. 12/
Today is when 90 trade deals in the 90-day pause on Trump’s higher “Liberation Day” tariffs are due. Do deals deliver on Trump promises to boost US manufacturing & balance trade? Or who gains?
@rethinktrade.bsky.social built this new Trump Trade Deal Evaluator tool so everyone can judge 1/
@rethinktrade.bsky.social built this new Trump Trade Deal Evaluator tool so everyone can judge 1/
July 9, 2025 at 10:38 PM
Today is when 90 trade deals in the 90-day pause on Trump’s higher “Liberation Day” tariffs are due. Do deals deliver on Trump promises to boost US manufacturing & balance trade? Or who gains?
@rethinktrade.bsky.social built this new Trump Trade Deal Evaluator tool so everyone can judge 1/
@rethinktrade.bsky.social built this new Trump Trade Deal Evaluator tool so everyone can judge 1/
Our top five import categories by value continue to increase. The biggest jump since 2015 is in cereals preparations: now we import $7.7bn more of these goods than in 2015. Importing value-added foods is widening the gap! 8/
July 3, 2025 at 10:15 PM
Our top five import categories by value continue to increase. The biggest jump since 2015 is in cereals preparations: now we import $7.7bn more of these goods than in 2015. Importing value-added foods is widening the gap! 8/
Here's where our exports are going - and even if our exports to China had kept growing after 2022, that would NOT have balanced the scale when the food trade deficit is $58.7 nilion in 2024! 7/
July 3, 2025 at 10:15 PM
Here's where our exports are going - and even if our exports to China had kept growing after 2022, that would NOT have balanced the scale when the food trade deficit is $58.7 nilion in 2024! 7/
More concerning than just the dollar value is that more of the food we consume in the U.S. is being imported. From fruits and veggies to value-added milling and bakery products, the proportion of our food that's imported is growing: 4/
July 3, 2025 at 10:15 PM
More concerning than just the dollar value is that more of the food we consume in the U.S. is being imported. From fruits and veggies to value-added milling and bakery products, the proportion of our food that's imported is growing: 4/
WTF: Where’s The Food coming from?! Consider the July 4th stuff: Our burgers and potatoes, tomatoes, watermelon, ketchup, and beer are in trade deficit territory. Who knew that the cowboy country imported more beef than we exported last year? 3/
July 3, 2025 at 10:15 PM
WTF: Where’s The Food coming from?! Consider the July 4th stuff: Our burgers and potatoes, tomatoes, watermelon, ketchup, and beer are in trade deficit territory. Who knew that the cowboy country imported more beef than we exported last year? 3/
Buying July 4th BBQ stuff? A lot that iconic "American" food is imported now. 🤯We had a food trade deficit of almost $60 billion in 2024. My @rethinktrade.bsky.social colleague @khetti.bsky.social has a new report out today explaining the rising US food trade deficit, its causes and fixes. 1/
July 3, 2025 at 10:15 PM
Buying July 4th BBQ stuff? A lot that iconic "American" food is imported now. 🤯We had a food trade deficit of almost $60 billion in 2024. My @rethinktrade.bsky.social colleague @khetti.bsky.social has a new report out today explaining the rising US food trade deficit, its causes and fixes. 1/
Though there is still a BIG curve coming on the tariff rollercoaster: At midnight between July -9, Trump's 90-day pause on the highest tariffs ends and no one knows what happens then... The appeals schedule means Trump retains power to raise rates, extend the pause or ?? 13/13
June 23, 2025 at 10:31 PM
Though there is still a BIG curve coming on the tariff rollercoaster: At midnight between July -9, Trump's 90-day pause on the highest tariffs ends and no one knows what happens then... The appeals schedule means Trump retains power to raise rates, extend the pause or ?? 13/13
Oral arguments in this appeal will be heard July 31 en banc in the Federal Circuit, where CIT cases go on appeal. No matter who wins there or in the DC Circuit, the losing party/ies will appeal to the Supreme Court. But the next Supreme Court session only starts Oct. 6. 8/
June 23, 2025 at 10:31 PM
Oral arguments in this appeal will be heard July 31 en banc in the Federal Circuit, where CIT cases go on appeal. No matter who wins there or in the DC Circuit, the losing party/ies will appeal to the Supreme Court. But the next Supreme Court session only starts Oct. 6. 8/
Without explanation, the SupCrt rejected two toy importers’ ask to skip the Federal Appeals Court for the DC Circuit and go directly to the Supremes for a final ruling in their challenge of Trump’s tariffs. It was a Hail Mary move: The SupCrt adjourns until Oct. in a week… 2/
June 23, 2025 at 10:31 PM
Without explanation, the SupCrt rejected two toy importers’ ask to skip the Federal Appeals Court for the DC Circuit and go directly to the Supremes for a final ruling in their challenge of Trump’s tariffs. It was a Hail Mary move: The SupCrt adjourns until Oct. in a week… 2/
Big Trump tariff news from the US Supreme Court! The tariffs survive until at least October and perhaps considerably longer - into 2006? - after the court rejects a request for expedited review of Trump’s tariff authority. I explain the whys and hows in this🧵Let's dive in... 1/
June 23, 2025 at 10:31 PM
Big Trump tariff news from the US Supreme Court! The tariffs survive until at least October and perhaps considerably longer - into 2006? - after the court rejects a request for expedited review of Trump’s tariff authority. I explain the whys and hows in this🧵Let's dive in... 1/
The crux of the substantive question is: Does IEEPA – and could it ever - give a president the sort of broad tariff authority Trump is claiming. Congress has exclusive constitutional authority over tariffs but has delegated that to presidents in certain circumstances. 6/
May 30, 2025 at 5:54 AM
The crux of the substantive question is: Does IEEPA – and could it ever - give a president the sort of broad tariff authority Trump is claiming. Congress has exclusive constitutional authority over tariffs but has delegated that to presidents in certain circumstances. 6/
Late May 28th the USCIT issued a ruling that Trump's 2025 tariffs on most countries in the world issued using the Int’l Economic Emergency Powers Act (IEEPA) were illegal because IEEPA doesn’t allow a prez to unilaterally redo US tariffs schedules and impose tariffs worldwide. 2/
May 30, 2025 at 5:54 AM
Late May 28th the USCIT issued a ruling that Trump's 2025 tariffs on most countries in the world issued using the Int’l Economic Emergency Powers Act (IEEPA) were illegal because IEEPA doesn’t allow a prez to unilaterally redo US tariffs schedules and impose tariffs worldwide. 2/