Phil Levy

@philipilevy

Chief Economist, . Former White House and State Department. Global economy, trade wars, China, & more.

San Francisco, CA
Joined June 2009
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  1. Retweeted
    13 hours ago

    The Household Pulse Survey meanwhile is showing a -1.8 percentage point decline in the employment-to-population ratio over the last 4 weeks. That's the equivalent of -4.5 million fewer workers, not-seasonally-adjusted. The HPS has had large misses before however.

    1 reply 8 retweets 60 likes
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  2. Retweeted
    Nov 20

    The WTO says the strong rebound in global trade during the third quarter may slow in the closing months of the year as nations battle a resurgence of the coronavirus

    1 reply 3 retweets 9 likes
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  3. Retweeted
    Nov 19

    President Trump sought to reduce the trade deficit, increase manufacturing employment, change China’s policies, and reach better deals, but fell short on all counts, writes via

    4 replies 55 retweets 127 likes
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  4. Retweeted
    Nov 18

    The head of the Business Roundtable, a trade group of the nation’s largest companies, called on the incoming Biden administration to start rolling back tariffs as part of a new round of trade negotiations between the U.S. and China

    4 retweets 9 likes
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  5. Retweeted
    Nov 17

    European business activity is plunging as new round lockdowns loom. via

    6 replies 68 retweets 106 likes
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  6. Retweeted
    Nov 17

    Why is basing its new jets in far-flung spots like Amsterdam, Tokyo and El Salvador: to sidestep potentially hundreds of millions of dollars in Trump Administration tariffs. GREAT piece by via

    11 retweets 23 likes
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  7. Retweeted
    Nov 17

    Phase 2, Biden style? The head of the Business Roundtable, a big business trade group, calls on Biden to start rolling back tariffs as part of new trade negotiations with China. Expect other companies and trade groups to pile on. via

    9 replies 17 retweets 38 likes
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  8. Retweeted
    Nov 16

    Tariffs raise prices and reduce the quantity of goods available to U.S. businesses and consumers, which results in lower incomes, reduced employment, and lower economic output. Tariffs are regressive, meaning their tax burden falls hardest on lower- and middle-income households.

    1 reply 4 retweets 22 likes
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  9. Retweeted
    Nov 16

    Biden could provide business and household relief by eliminating Trump tariffs:

    6 replies 57 retweets 188 likes
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  10. Nov 16

    Curious to know what the new administration will mean for global trade and supply chains? Join experts from left and right for a targeted discussion on what to expect.

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  11. Retweeted
    Nov 15

    What's gone wrong at Felixstowe, which handles 40% of UK container traffic? Worst-performing port among key competitors in Europe and Asia: IHS Markit.

    27 replies 57 retweets 110 likes
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  12. Retweeted
    Nov 15

    While not the world’s most ambitious trade agreement, this is yet another reminder that attempts to economically decouple from China and establish a new Cold War are completely infeasible. CPTPP is a more ambitious and higher standards alternative. And would help pressure China.

    The world's biggest trade agreement was signed in Hanoi today. Here's what it means.
    7 replies 49 retweets 175 likes
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  13. Retweeted
    Nov 15

    My thoughts on RCEP deal. To describe it as a China-led initiative misses broader trends in Asia, where focus is on diversifying partners, solidifying supply chains, and achieving economic and job growth through trade agreements.

    10 replies 143 retweets 353 likes
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  14. Retweeted
    Nov 14

    "The US now sits outside both the main trading groups in Asia after President Donald Trump withdrew from the TPP. That means neither the EU nor the US...will have any voice when Asia sets its trading rules." So trade wars. Very winning. Much good.

    What you need to know about the RCEP pan-Asia trade pact
    1 retweet 15 likes
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  15. Retweeted
    Nov 10

    British businesses are racing to secure extra storage space as the risk of the country leaving the EU without a trade deal threatens supply chains

    8 replies 25 retweets 39 likes
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  16. Retweeted
    Nov 10

    Not good news! — Swaths of European firms risk collapse despite subsidies, ECB warns via

    1 reply 4 retweets 6 likes
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  17. Retweeted
    Nov 10

    The Biden-Harris USTR Agency Review Team

    1 reply 9 retweets 6 likes
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  18. Retweeted
    Nov 10

    The agreement (which is shallow but still significant) includes the 10-member ASEAN group, China, Japan, South Korea, Australia & New Zealand - representing ~29% of global GDP.

    Indonesia says expects RCEP trade pact to be signed on Sunday
    3 replies 5 retweets 23 likes
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  19. Retweeted
    Nov 9

    What will Biden’s trade agenda look like? And how would he pursue it without the Senate? — Flexport's chief economist — looks at the big questions for the next four years.

    1 retweet 1 like
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  20. Retweeted
    Nov 8

    Good Morning from where the govt is considering delaying a $4bn tariff strike on the US which is over illegal subsidies provided to Boeing and rival Airbus in a tit-for-tat trade battle. Foreign Minister Heiko Maas wants a ‘new deal’ with the US.

    4 replies 19 retweets 71 likes
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