Peterson Institute for International Economics

The Peterson Institute for International Economics (P.I.I.E.) is a Washington D.C.-based non-profit, non-partisan research organization dedicated to studying international economic policy. P.I.I.E. is newsworthy due to its analysis of the impact of US trade policies, particularly those enacted during the Trump administration, and their effects on trade deficits and relationships with countries like China. Recent publications by P.I.I.E. scholars, such as Chad Bown, have examined the shortfall in US exports to China resulting from trade wars. The institute has also commented on the shifting dynamics of global trade, including the increasing importance of Southeast Asia and Taiwan as alternative sources for US imports, and the growing presence of private sector companies within China's top listed firms. P.I.I.E.'s research is relevant as countries grapple with the weaponization of trade and seek to reduce economic dependencies, particularly on China, while navigating a complex global trade landscape.