RIETI Open BBL Seminar

The Great Trade Hack: How Trump's trade war fails and global trade moves on

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Announcement

The Great Trade Hack by Richard Baldwin explains how Trump’s 2025 tariff blitz wasn’t economic strategy—it was grievance politics. Tariffs, Baldwin shows, are political placebos that won’t fix the U.S. economy but could fracture the global trade system. Blending sharp analysis with policy insight, he maps out three futures for world trade and urges global leaders to defend the rules by following them. The system can survive—even thrive—if world leaders step up.

Information

  • Time and Date: 16:00-17:00, Friday, June 6, 2025 (JST)
  • Venue: Online
  • Language: English / Japanese (with simultaneous interpretation)
  • Admission: Free
  • Host: Research Institute of Economy, Trade and Industry (RIETI)
  • Contact: Ms. MARUTAKE, Conference Section
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Speakers

Speaker:
  • Richard BALDWIN (Non-Resident Fellow, RIETI / Professor of International Economics, IMD Lausanne)
    Richard Baldwin is a Non-resident fellow at RIETI, a Professor of International Economics at the IMD Business School in Lausanne, and the Founder and Editor-in-Chief of the policy portal VoxEU.org. He publishes widely on topics related to trade, regionalism, and globalization. He is also a Non-Resident Fellow at the Peterson Institute for International Economics and a Research Associate at the National Bureau of Economic Research. He regularly advises governments and international organizations on globalization and trade policy issues. Before moving to Switzerland in 1991, he was a Senior Staff Economist for the President's Council of Economic Advisors in the Bush White House (1990-1991) following trade matters such as the Uruguay Round and NAFTA negotiations as well as numerous US-Japan trade conflicts. He has been an adviser and consultant to many international organizations and governments. He did his Ph.D. in Economics at MIT with Paul Krugman and has published a half dozen articles with him. Before that he earned an M.Sc. at LSE (1980-81), and a B.A. at UW-Madison (1976-1980). His most recent book is The Globotics Upheaval: Globalization, Robotics and the Future of Work, has been translated into Japanese.
Commentator:
Moderator:
  • TOMIURA Eiichi (President and Chief Research Officer (CRO) / Dean, Faculty of Data Science, Otsuma Women's University)