The Scholl Chair has expanded to reconstitute the CSIS Economics Program, led by Philip Luck (@paluck). On this platform and others, we will continue to explore international economic issues and how they impact U.S. competitiveness, technology leadership, and economic security.

"So even if there was a somewhat palatable sort of middle ground, our partners also have democracies, and they need to find a solution that's palatable to their population." Read more of @paluck’s thoughts here:

Russia’s Central Bank has filed a lawsuit against Euroclear, alleging it does not have the authority to provide Ukraine with loans using frozen Russian assets, per @FT.

India’s top trade adviser says most U.S.-India trade issues are resolved, but a deal has not been made due to geopolitical disagreements. Read more @InsideTrade:

EU finance ministers have agreed to impose interim €3 levies on small packages starting next year to curb a surge in Chinese parcels from brands like SHEIN and Temu. Read more @business:

Canada recorded its first trade surplus in eight months in September as exports rebounded and domestic demand weakened, per @WSJ.

China is weighing an industrial policy package worth up to $70 billion to support its growing chip industry, says @business.

China and several European countries have stalled the approval of a landmark OECD tax regime, objecting to carve outs for U.S. multinationals in the second pillar of the agreement. Read more @FT.

Applications for U.S. unemployment benefits rose by 44,000 last week, the largest jump since the onset of the pandemic, writes @business.

China is urging Mexico to reconsider its decision to impose tariffs of up to 50 percent on 1,400 products from China, arguing the levies are “erroneous” and will “substantially undermine” trade, says @NikkeiAsia.

Taiwan is increasingly invoking a 2022 national security law protecting chip industry trade secrets as it seeks to maintain its global leadership in advanced semiconductor manufacturing. Read more @NYT:

The House Ways and Means Committee approved a three-year extension for the African Growth and Opportunity Act (AGOA), in what would be its shortest-ever extension, per @InsideTrade.

Mexico’s lower house approved tariffs of up to 50 percent on imports from China and other Asian countries as Mexico seeks to appease the United States ahead of the next USMCA review, writes @Reuters.

Goldman Sachs argues China’s currency is 25 percent undervalued but appreciation will not erode export competitiveness. Read more @business.

The United States and India kicked off two-day trade talks today as India seeks to lower President Trump’s 50 percent tariffs on Indian exports, per @Business.

China added domestic chips from Huawei and Cambricon to its official procurement list for the first time, likely boosting sales of domestic chips to public sector entities. Read more @FT.

The House Ways and Means Committee will mark up a bill aiming to extend the African Growth and Opportunity Act (AGOA) for 3 years today, says @InsideTrade.

Deadly cross-border clashes have halted Afghanistan-Pakistan trade for two months, threatening $2 billion in bilateral commerce, writes @NYT.

Digital asset treasury companies have proliferated with 142 public listings this year—double that of last year—and Tokyo’s regulations have had a hard time catching up, per @NikkeiAsia.

President Trump will allow Nvidia to export its H200 chips in exchange for 25 percent of the sales, reversing years of U.S. national security safeguards. Read more @business:

The United States has imposed sanctions on four individuals and four entities it charges with fueling the ongoing conflict in Sudan, says @Reuters.