John Costello quoted in Vox article, “Biden Is Using His Economic Plan To Challenge China”

"Instead of working with allies to box China in, the US would make a series of moves to derail Beijing’s economic future. 'Trump looked to reduce China’s ability to compete, whether it was in cyber, tech, or economics,' said John Costello, who served as a top Commerce Department official for intelligence and security in the Trump administration… "Biden’s is essentially a two-pronged approach. The first is the domestic piece, which experts explain is about essentially beating China in a domestic race [...]

2021-04-26T08:30:01-04:00April 26, 2021|Economy & Trade|

Joe Gagnon cited in The Wall Street Journal article, “History Offers Only Rough Guide to the Coming Economic Boom”

"[W]ith forecasters looking for the economy to grow an additional 3.3% next year, by the end of 2022 GDP could be 2.7% above the Congressional Budget Office’s estimate of its 'potential,' or the level it can sustain without running too hot. The last time GDP got that far above potential was 1973, when the U.S. was experiencing a serious inflation problem that wouldn’t be snuffed until the early 1980s. "The seeds for the 1970s experience were sown in the 1960s, when [...]

2021-04-24T09:00:45-04:00April 24, 2021|Economy & Trade|

Andrea Kendall-Taylor quoted in The Financial Times article, “Biden Shows He Will Wield US Financial System as Foreign Policy Weapon”

"At stake, said Andrea Kendall-Taylor, who was appointed Biden’s NSC Russia director before declining for personal reasons, is the dominance of the US dollar and America’s unassailed lead in the global financial system, which relies on New York as international dollar clearing house…" Read the full article here: Full Article

2021-04-17T00:00:27-04:00April 17, 2021|Economy & Trade|

Joe Gagnon interviewed in Marketplace Morning Report, “How Will Inflation Move In Post-COVID Recovery?”

"The federal reserve and the Biden administration have been trying to prepare the country for temporary, modest inflation this year, around 2.3% or so, as the economy recovers. But some are worried we might see more significant and durable rises in prices. "Joseph Gagnon, senior fellow at the Peterson Institute for International Economics, is somewhere in between. 'Marketplace Morning Report' host Sabri Ben-Achour spoke with Gagnon, also a former economist at the Federal Reserve, about the prevailing opinions about how economic [...]

2021-04-16T00:00:44-04:00April 16, 2021|Economy & Trade|

Andrea Kendall-Taylor quoted in The Washington Post article, “Biden Administration Imposes Significant Economic Sanctions on Russia Over Cyberspying, Efforts to Influence Presidential Election”

"'It’s good to clearly message our priorities to Russia,' said Andrea Kendall-Taylor, a senior fellow at the Center for a New American Security. 'By packaging a response to several things at once, the administration can get off the back foot and move on its agenda. What we don’t want is to always be in response mode to Russia…'" Read the full article here: Full Article

2021-04-15T17:25:29-04:00April 15, 2021|Economy & Trade|

Joe Gagnon quoted in Voice of America article, “Does US Economic Stimulus Boost the Global Economy?”

"'The government is sending out checks to everybody,' said Joseph Gagnon, a senior fellow at the Peterson Institute for International Economics. 'Households and state and local governments are buying all kinds of supplies for education and health care — we haven't had a government budget deficit this big since World War II…'" Read the full article here: Full Article

2021-04-15T16:47:28-04:00April 15, 2021|Economy & Trade|

Andrea Kendall-Taylor quoted in Voice of America article, “US Further Punishes Russia for Cyberattacks, Election Meddling”

"According to Andrea Kendall-Taylor, senior fellow and director of the Transatlantic Security Program at the Center for a New American Security, this package of sanctions does not really relate to what is going on with Ukraine. She terms it the Biden administration's way of wrapping up unfinished business with other issues, allowing a pivot 'to a more proactive, future-oriented relationship with Russia…'" Read the full article here: Full Article

2021-04-15T16:24:29-04:00April 15, 2021|Economy & Trade|

Danny Russel quoted in The New York Times article, “Xi’s Gambit: China Plans for a World Without American Technology”

"China is freeing up tens of billions of dollars for its tech industry to borrow. It is cataloging the sectors where the United States or others could cut off access to crucial technologies. And when its leaders released their most important economic plans last week, they laid out their ambitions to become an innovation superpower beholden to none… "'China wants to reduce its dependency on the world — not to reduce its trade and interaction but to ensure that it is [...]

2021-04-13T00:00:48-04:00April 13, 2021|Economy & Trade|

Bob Work quoted in National Defense article, “Taiwan Viewed as Achilles’ Heel of U.S. Microelectronics Supply Chain”

"A potential Chinese takeover of neighboring Taiwan would pose a catastrophic threat to the United States supply of microelectronics, and Washington needs to take steps to reduce that vulnerability, former Deputy Secretary of Defense Bob Work warned March 24…" Read the full article here: Full Article

2021-03-24T00:00:45-04:00March 24, 2021|Economy & Trade|

Rachel Ellehuus cited in War on the Rocks article, “Predictable Unpredictability? U.S. Arctic Strategy and Ways of Doing Business in the Region”

"Alliances and partnerships in the region have been highlighted in the U.S. Arctic policy documents over the years as the greatest strategic asymmetric advantage over rivals in the region, and therefore the cornerstone of regional strategy. Notably, activity with and through allies and partners can help to partly offset the lack of surface ice-hardened capabilities and infrastructure such as ports, harbors, and other facilities, the lack of which limits the U.S. Navy to operating outside the marginal ice zone … As [...]

2021-03-11T00:00:20-05:00March 11, 2021|Economy & Trade|
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