Inu Manak
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inumanak.bsky.social
Inu Manak
@inumanak.bsky.social
2.5K followers 490 following 140 posts
Senior Fellow for International Trade, Council on Foreign Relations (@cfr.org); PhD, Georgetown Government. Books Editor, World Trade Review. Associate Editor, IELP blog. Fmr. @CatoTrade. TBT = technical barriers to trade. RT ≠ endorsements. Views my own.
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Five years ago, @inumanak.bsky.social and I wrote "Meet the New Geoeconomics, Same as the Old Geoeconomics" (
papers.ssrn.com/sol3/papers....), but people really like creating narratives, and it has been hard to convince anyone that the new geoeconomics narrative is being oversold.
"It is evidence of how domestic political & geopolitical objectives are influencing economic policies more. And that is a dramatic break from the many decades in which economics was a determining influence on domestic politics & geopolitics"

Stares, once again, in decades of IPE 🤷‍♂️
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"Amidst the flurry of trade announcements ahead of the August 1 deadline to secure new tariff rates, one country ended up near the bottom of the pack, and it’s not the one you’d expect."

Read @inumanak.bsky.social & Victoria Fenton's latest piece 👇
policyoptions.irpp.org?p=117808
Canada holds firm in Trump’s tariff war after no-deal outcome
Trump’s tariffs hit Canada hardest. Ottawa must hold firm, diversify trade, and resist caving to U.S. demands.
policyoptions.irpp.org
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With voters like this, maybe America will be OK. Just need more of them.
Reposted by Inu Manak
A lot of what makes trade agreements long is the schedules of tariff concessions. If these agreements aren't long, one reason might be that other countries haven't actually agreed to lower many tariffs.
QUINTANILLA: When do you think markets can get its hand on written documentation on the deals with Japan, UK, Vietnam, Korea?

LUTNICK: You're not gonna find a big long 250 page trading agreement
Thank you, Mark!
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"But it is foolish to think the US can simply will a new order into existence when it hasn’t convinced anyone of the merits of its self-harming approach."

Other countries don't want to touch the stove. They're desperately hoping we'll stop doing it, too.

Spot on from @inumanak.bsky.social
No, Trump is not ushering in a new global trading order
The US is simply denying itself the benefits of the system that already exists
on.ft.com
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Oh good, the FT has @inumanak.bsky.social trying to balance out the nonsense about a new US led trading order. Or indeed deglobalisation. Or the many other fashionable arguments about trade that aren't in fact happening.
on.ft.com/45z2tcZ No, Trump is not ushering in a new global trading order
"Trade deals don’t make Trump’s emergency tariffs legal" -- Marc Busch and I break down the latest attempt by the DOJ to call for an even more expansive view of the president's tariff authority.

thehill.com/opinion/inte...
thehill.com
Worthwhile read on what the Trump administration gets wrong about the history of the international trading system
Out of all the inaccuracies and “too early to tell” claims made, my biggest concern is how badly Greer restates the history of the multilateral trading system to depict a self-fulfilling prophecy about the remaking of the trading system.

New from me:
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Exciting news: GOD, GUNS, and SEDITION is out today in paperback!

My @cfr.org and @columbiaup.bsky.social book, co-authored with @hoffmanbruce.bsky.social, tells the story of far-right terrorism in America and beyond—a topic that sadly remains as relevant as ever. bookshop.org/p/books/god-...
God, Guns, and Sedition: Far-Right Terrorism in America
Far-Right Terrorism in America
bookshop.org
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My latest, for @foreignaffairs.com:

Mass shootings now constitute a particularly bloody form of American foreign influence. By destabilizing U.S. allies, they threaten to undermine America's global image—and foil its ability to advance its geopolitical aims. www.foreignaffairs.com/united-state...
American Gun Violence Goes Global
Its spread is distorting and diminishing U.S. soft power.
www.foreignaffairs.com
Reposted by Inu Manak
The Biden administration started a USMCA complaint against the Canadian digital services tax. Would be sensible to more forward with that to get a neutral ruling on whether it violates Canada's trade obligations.
Hassett describes Canada's digital services tax as an "almost criminal act"