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Benn Steil

@bennsteil.bsky.social
342 followers 16 following 20 posts

Director of International Economics, Council on Foreign Relations. Award-winning author, THE WORLD THAT WASN'T, THE MARSHALL PLAN, & THE BATTLE OF BRETTON WOODS. Future HC of NYJ.

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Benn Steil @bennsteil.bsky.social · 07/03/2025
Studies have shown that tariffs depress productivity in protected industries. As I show in my latest @CFR.org Geo-Graphics blog post with Elisabeth Harding, U.S. steel is a case in point . . . "Steel Productivity has Plummeted Since Trump’s 2018 Tariffs" www.cfr.org/blog/steel-p...
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Benn Steil @bennsteil.bsky.social · 07/03/2025
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Benn Steil @bennsteil.bsky.social · 06/02/2025
The @CFR.org Global Monetary Policy Tracker is updated. With China, by our algorithm, having shifted from a loosening to a neutral stance, our CFR Index of Global Easing (-)/ Tightening (+) rises slightly from -8.54/10 to -8.31/10. cfr.org/global/globa...
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Benn Steil @bennsteil.bsky.social · 28/01/2025
My CFR Global Imbalances Tracker is updated. The big imbalance story of 2024 is the United States and China, with the former achieving a trillion-dollar trade deficit and the latter a near-equivalent surplus. www.cfr.org/report/globa...
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Benn Steil @bennsteil.bsky.social · 28/01/2025
My CFR Global Trade Tracker is updated. After falling by 5% in 2023, the value of global goods trade rebounded by an estimated 2% in 2024. Trump-triggered tariff wars, however, threaten to hit trade hard in 2025. www.cfr.org/tracker/glob...
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Benn Steil @bennsteil.bsky.social · 21/12/2024
Why I'm here, reason 42.
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Benn Steil @bennsteil.bsky.social · 18/11/2024
The @cfr.org Sovereign Risk Tracker is updated. 10 countries have our highest default-risk rating (10)—meaning a 50%+ chance of default in the next 5 years: Argentina, Belarus, Ghana, Lebanon, Pakistan, Russia, Sri Lanka, Tunisia, Ukraine, & Venezuela. on.cfr.org/48kSWoC
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