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As artificial intelligence (AI) transforms the workplace, which jobs will remain valuable—and what makes them resistant to automation? Economist Luis Garicano, coauthor of Messy Jobs: The Work that AI Cannot Reach, discusses the future of work and the distinctive skills, forms of judgment, coordination, and human capab
President Claudia Sheinbaum of Mexico is about to complete the first two years of her six-year term. She has just sent her third budget to Congress, and midterm elections are a year away. The picture that emerges is one of continuity: The economy has preserved macroeconomic stability while growing very little, the labo
President Donald Trump and the prime ministers of Denmark and Greenland this week signed an agreement allowing the US military's continued presence on the Arctic island, which should help avoid future confrontations over sovereignty. The new treaty amends and supplements the existing 1951 US-Denmark agreement concernin
The Peterson Institute holds an in-depth conversation featuring perspectives from leading economists and a senior policymaker on one of the most consequential economic policy challenges facing the United States. In the first panel, PIIE C. Fred Bergsten Senior Fellow Maurice Obstfeld moderates a discussion with Aviva A
President Donald Trump's tariffs are raising government revenues, but how much is the US Treasury actually collecting from US importers after the starts, stops, delays, exclusions, refunds, and other factors? And what products and countries are hit? This monthly tracker measures tariff revenues in practice over time. T
As Presidents Donald Trump and Xi Jinping prepare for their September 24 summit, what can new economic analyses tell us about the direction of US-China economic relations, as well as the likely impact of the leaders' meeting? Chad P. Bown, Yeling Tan, and Adam S. Posen offer insights from their latest research followed
Trade wonks like to say that trade is like water; it always finds new ways. Is that really true? The last several years have been particularly challenging for global trade, beset by tariffs, wars, subsidies, export restrictions, and new versions of industrial policy. At the same time, new trade agreements have been sig
The United States took a big step toward greater state ownership or control of the economy—a form of socialism—in 2025. This change is occurring under unified Republican domination of the US government, not under a Democratic administration and certainly not due to the political influence of Democratic Socialists, who
Expectations for the upcoming September 24 summit meeting in Washington between Presidents Xi Jinping of China and Donald Trump are not high. That is not to say that the outcome will be insignificant, but no great changes are foreseen in their respective policies. Inertia is a strong force. Age (73 and 80 respectively)
Washington, DC—The Peterson Institute for International Economics (PIIE) is pleased to announce that Pierre-Olivier Gourinchas, former economic counsellor and director of the research department at the International Monetary Fund (IMF), has joined PIIE as a nonresident senior fellow, bringing decades of experience in i
The policies and pronouncements of the second Trump administration have, to say the least, created strain in the transatlantic relationship, affecting the United States, its allies in the North Atlantic Treaty Organization (NATO), and the European Union. In parallel to unprecedented trade, investment, and regulatory de
As the global trading system exists in an uncertain equilibrium while resting on a stable core, it is pertinent to imagine a new order without sliding into the deeper economic fragmentation, protectionism, and geopolitical fray. This session, led by PIIE, examines the opportunities that come with this realignment, how
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