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Lori Wallach

@wallachlori.bsky.social
1.8K followers 52 following 336 posts

Director @ Rethink Trade | #WTO #NAFTA #ISDS #supplychainmess 💗 trade justice 🚫 hyperglobalization, corporate-rigged trade deals, Big Tech monopolies | www.rethinktrade.org

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Lori Wallach @wallachlori.bsky.social · 08/12/2025
This chart shows the results of China's mercantilist trade policy: distorted, maximilist exports levels and few imports. x.com/Brad_Setser/...
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Lori Wallach @wallachlori.bsky.social · 05/12/2025
10 Big Tech lobbyists here to defend special privileges & powers they got Trump to add to his 2020 US-Mexico-Canada Agt or USMCA - the Trump NAFTA update. Versus 2 witnesses against Big Tech’s “digital trade” attack at hearing on the 6-year USMCA review. Quite revealing… 1/
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Lori Wallach @wallachlori.bsky.social · 05/12/2025
Commerce Sec. Lutnick said the Trump admin will trade away American manufacturing (steel tariffs) if Europe will gut law against Big Tech monopoly abuse. For a quick overview of EU digital regs Trump wants killed & the implications, check out my latest Rethinking Trade podcast.
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Lori Wallach @wallachlori.bsky.social · 03/12/2025
Because of the govt shutdown, we don’t have the latest Fed data on manufacturing construction investment. But in the first half of 2025, it was trending down monthly same as the manufacturing indexes described in this story. Opposite of what Trump promised working class voters.
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Lori Wallach @wallachlori.bsky.social · 25/11/2025
Explicitly trading away U.S. manufacturing (steel and aluminum tariffs) for Big-Tech-demanded rollbacks of European anti-monopoly and other digital safeguards is pretty much the opposite of what Trump promised working class voters in PA, WI, MI, etc. 😡
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Lori Wallach @wallachlori.bsky.social · 21/11/2025
Thank you @rokhanna.bsky.social for raising awareness about Trump’s lopsided America Last China “trade deal.” Yes to a Manhattan Project on rare earths. The minerals are not so rare as far as where they are located, but they require intense processing. We must improve/stand up that capacity.
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Lori Wallach @wallachlori.bsky.social · 19/11/2025
Please share your theory: Why did Trump announce beef 🥩and tomato🍅tariff cuts when 99% of US🍅imports and 42% of🥩are from Mexico or Canada and ALREADY DUTY FREE under USMCA? Argentine beef is another 25% import share and ALREADY HAD TARIFFS CUT. So why cut PHANTOM TARIFFS? 1/
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Lori Wallach @wallachlori.bsky.social · 13/11/2025
Larry Summers — not just wrong and immoral on economics and trade…
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Lori Wallach @wallachlori.bsky.social · 11/11/2025
And POTUS again shreds his lawyer's key claim in SupCrt tariff case: Trump SolGen Sauer 11/5 - "These are regulatory tariffs. They are not revenue-raising tariffs.... The tariffs would be most effective, so to speak, if no -- no -- no person ever paid them." Trump 11/9👇
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Lori Wallach @wallachlori.bsky.social · 07/11/2025
The Supreme Court heard oral arguments in the cases challenging Pres Trump's broad tariff authority. Catch up w/ highlights from the 2+ hour session & hints of where the SCrt may be headed in my thread👇This is a very consequential case. Tariff rates are the least of it!
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Tanya Tussing @tanyatussing.bsky.social · 05/11/2025
Good thread about supreme court arguments RE: Trump tariff power over reach case.
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Rethink Trade @rethinktrade.bsky.social · 05/11/2025
OUT NOW: What’s at Stake in Trump's Supreme Court Tariff Case by @wallachlori.bsky.social on the Economic Populist via @econliberties.bsky.social. economicpopulist.substack.com/p/whats-at-s...
economicpopulist.substack.com
What’s at Stake in Trump's Supreme Court Tariff Case
A ruling in Trump’s favor would be a more dramatic expansion of presidential power than all the previous extra grants of power the Supreme Court has given him
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Todd Tucker @toddntucker.com · 05/11/2025
SCOTUS is hearing case against Trump's tariffs. Listen along! I'll offer some thoughts as we go along. bsky.app/profile/todd... www.supremecourt.gov/oral_argumen...
supremecourt.gov
Live Oral Argument Audio Live Oral Argument Audio
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Lori Wallach @wallachlori.bsky.social · 05/11/2025
Good morning - join me in getting ready for the 10 AM landmark Supreme Court oral arguments on the cases that will decide if Pres. Trump has constitutionally valid authority to impose his broadest tariffs. You can listen in live to the Court here 1/ www.supremecourt.gov/oral_argumen...
t.co
https://supremecourt.gov/oral_arguments/live.aspx
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David Dayen @ddayen.bsky.social · 04/11/2025
While you await results, we already have them! On this episode of Organized Money we talk about what candidates have been focused on in the elections, from affordability & electric bills to data centers. Plus @wallachlori.bsky.social discusses tomorrow's Supreme Court hearing on tariffs.
organizedmoney.fm
The Election And Tariffs At The Supreme Court
This week we talk election Tuesday and how odd year politics can influence future electoral politicking. And then the battle over tariffs between the Executive, Congress and the Supreme Court.
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Rethink Trade @rethinktrade.bsky.social · 04/11/2025
LIVE IN 30 MINUTES: Rethink Trade’s @wallachlori.bsky.social joins WBUR's @wbur.org to break down what’s at stake in the Supreme Court case on Trump’s tariff authority. Listen live at 7:00 am PT / 10:00 am ET: www.ctpublic.org Background memo: rethinktrade.org/article/scot...
ctpublic.org
Connecticut Public | Media for the curious | Connecticut Public
WNPR radio & WNPR News online are Connecticut's public-media source for NPR, local news/talk programs and news, arts, health, politics, education, and business
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Rethink Trade @rethinktrade.bsky.social · 04/11/2025
NOW: Rethink Trade's @wallachlori.bsky.social is up next:
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Lori Wallach @wallachlori.bsky.social · 03/11/2025
Sharing my thoughts on @rushdoshi.bsky.social's take on the Trump–Xi deal here too. Rush's original thread here: x.com/RushDoshi/st...
A screenshot of a tweet from Lori Wallach (@WallachLori), posted on November 1, in response to Rush Doshi. Lori writes:
"This take re. Trump–Xi deal is sadly true. To further spotlight the gap between Trump's 12 out of 10 joy & the terms: China's pledge to buy 12 mill. metric tons of US soy in 2025 & 25M for the next 3 yrs. compares to 27–30M tons/year in '22–'24 of 100M tons China imports annually."
Her tweet quotes a post from Rush Doshi (@RushDoshi), which begins: "Grateful for the opportunity to spend an hour with @niubi on the Trump–Xi meeting! Here are four key takeaways on the trade war and summit..." and continues with his first point: "POTUS started an unnecessary trade war with China..."
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Rethink Trade @rethinktrade.bsky.social · 31/10/2025
ICYMI: Lori Wallach joined Bloomberg to break down what’s at stake in next week's SCOTUS oral arguments about Trump's tariff authorities. Read Lori's memo here: rethinktrade.org/article/scot...
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Rethink Trade @rethinktrade.bsky.social · 31/10/2025
Last week, former NSC China Director Rush Doshi walked us through how China's announcement of rare-earth export controls in early October was an escalating form of geopolitical leverage.
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Lori Wallach @wallachlori.bsky.social · 28/10/2025
Check out my latest podcast: A Chinese rare earths/magnet cut off can derail the global economy - and affect you directly. Years of planning led to China's near-monopoly. Rare earths are not rare/lucrative, but control over processing = major geopolitical power says @rushdoshi.bsky.social 1/
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Jed (they/them) @ohshitcircuit.bsky.social · 28/10/2025
I just listened to this and hoooly shit. again I do not know much here, but it seems UTTERLY BONKERS to me that the US not only allowed but directly facilitated China's near-monopoly on materials we rely on to this extent. and they 100% have the cheeto's number, too. this is not a good situation D:
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Lori Wallach @wallachlori.bsky.social · 27/10/2025
Please listen to @rushdoshi.bsky.social on Rethinking Trade spotifycreators-web.app.link/e/bwkOyI6yNXb
spotifycreators-web.app.link
China’s Devastating Rare-Earths Squeeze: Rush Doshi on What It Means and What the U.S. Must Do Next by Rethinking Trade with Lori Wallach
China’s devastating new move to cut off global access to rare-earth minerals could be cataclysmic — shutting down manufacturing of core sectors across the U.S. economy.In this episode of Rethinking Tr...
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Rethink Trade @rethinktrade.bsky.social · 27/10/2025
On Rethinking Trade, @rushdoshi.bsky.social breaks down what this means and what the U.S. must do next. LISTEN NOW: open.spotify.com/episode/5Agy...
open.spotify.com
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Rethink Trade @rethinktrade.bsky.social · 27/10/2025
China’s move to restrict global access to rare earths and magnets could be cataclysmic — the one-year “pause” announced Sunday doesn’t remove the leverage.
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Lori Wallach @wallachlori.bsky.social · 25/10/2025
Congratulations to Roxanne Brown, an outstandingly smart and strategic labor leader, on her election to lead the United Steelworkers union & congratulations to the whole USW membership for choosing a visionary leader and relentless fighter for working people to be your president!
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Lori Wallach @wallachlori.bsky.social · 24/10/2025
Wait, isn’t there a Michael Moore film about a US president with bad approval ratings who is desperate to change the subject by vilifying 🇨🇦? Trump announced he is cutting off all trade talks over a tv ad from Canada he dislikes - really. [1 / 2]
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Lori Wallach @wallachlori.bsky.social · 23/10/2025
Great thread. There’s a lot of confusion about the de minimis trade loophole being closed & related Customs rules. Especially after a story re. UPS trashing incoming packages & online misinfo that “paperwork backlogs” caused this, which is wrong. Here's what's actually going on:
x.com
Matt Stoller on X: "@dieworkwear @selise Ok, I'm back. I have been trying to actually understand your own framework so I can look at your logic as a whole. I don't see a ton of consistency. You wrote: "Certain clothes are prone to becoming commodities, such as white t-shirts, because the construction is relatively" / X
@dieworkwear @selise Ok, I'm back. I have been trying to actually understand your own framework so I can look at your logic as a whole. I don't see a ton of consistency. You wrote
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Rethink Trade @rethinktrade.bsky.social · 22/10/2025
Lori Wallach unpacks the issues and arguments here: rethinktrade.org/article/scot...
rethinktrade.org
U.S. Supreme Court Sets Speedy Hearing on Challenge to Broad Trump Tariff Authority: Unpacking the Issues & Arguments
The U.S. Supreme Court has set a very speedy schedule to hear a case that combines several different challenges of President Trump’s authority to impose his broadest tariffs.
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Rethink Trade @rethinktrade.bsky.social · 22/10/2025
⚠️ Trump is signaling he may appear for the Nov. 5 oral arguments in the SCOTUS tariff case. If the Court okays using IEEPA as a catch-all tariff authority, it would effectively thrash a core constitutional check and balance at Congress’s expense.
rethinktrade.org
U.S. Supreme Court Sets Speedy Hearing on Challenge to Broad Trump Tariff Authority: Unpacking the Issues & Arguments
The U.S. Supreme Court has set a very speedy schedule to hear a case that combines several different challenges of President Trump’s authority to impose his broadest tariffs.
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Celeste Pewter @celestepewter.bsky.social · 17/10/2025
All, I keep telling you to follow @wallachlori.bsky.social and here's why - she's flagging essential news re: Trump's tariffs + the SCOTUS arguments coming up.
youtube.com
Trump, Tariffs & the Supreme Court: What’s at Stake on Nov 4?
YouTube video by Rethink Trade
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Rethink Trade @rethinktrade.bsky.social · 17/10/2025
OUT NOW: Trump may do what no sitting president ever has: attend Supreme Court arguments in November — about his own power. @wallachlori.bsky.social explain why it matters: youtube.com/shorts/vGCWI...
youtube.com
Trump, Tariffs & the Supreme Court: What’s at Stake on Nov 4?
YouTube video by Rethink Trade
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Lori Wallach @wallachlori.bsky.social · 17/10/2025
Read this! Not as an interesting, well-written story of a guy's awakening, but because its about actionable causes of our current political-economic-social crisis that unite most Americans in anger, which of course is foundational to organizing our way out of our current shit show!
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Lori Wallach @wallachlori.bsky.social · 15/10/2025
Re: rare earth minerals - Not yet clear how this episode plays out but decades of over reliance by past US GOP & Dem presidents & other nations on China for especially processing of rare earths/magnet making & related technologies & expertise means China now has monopoly power.
A photo taken inside an ornate government building with marble walls and gold trim. In the foreground is a podium bearing the seal of the U.S. Department of the Treasury, flanked by several American and Treasury flags. To the right, a large screen shows Treasury Secretary Scott Bessent speaking at an event. The tweet above the image quotes reporter Jennifer Jacobs describing Bessent’s remarks about senior Chinese trade negotiator Li Chenggang, whom Bessent reportedly called “unhinged.”
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Rethink Trade @rethinktrade.bsky.social · 29/09/2025
In case you missed it: With no official policy document released, there’s still a lot we don’t know about Trump’s proposed pharmaceutical tariffs. But @wallachlori.bsky.social cexplains why generic drug supply chains matter—and what real solutions would look like. 🧵👇 bsky.app/profile/wall...
x.com
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Lori Wallach @wallachlori.bsky.social · 28/09/2025
ICYMI:
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Lori Wallach @wallachlori.bsky.social · 27/09/2025
Sorry, can't do my usual "translation" of what Trump's latest tariffs mean. There is no Executive Order, Section 232 determination or other official policy doc. Just Truth Social posts. BUT, to make us less reliant on imported medicine, the generics...🧵
fiercepharma.com
Trump's pharma tariffs arrive by way of Truth, offering 'relief' to many large drugmakers: analyst
The biopharma industry has spent much of this year grappling with fast-moving changes related to the Trump administration's trade policies. On Thursday, without warning, came another jolt. | The 100% ...
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Lori Wallach @wallachlori.bsky.social · 27/09/2025
Sorry, can't do my usual "translation" of what Trump's latest tariffs mean. There is no Executive Order, Section 232 determination or other official policy doc. Just Truth Social posts. BUT, to make us less reliant on imported medicine, the generics...🧵
fiercepharma.com
Trump's pharma tariffs arrive by way of Truth, offering 'relief' to many large drugmakers: analyst
The biopharma industry has spent much of this year grappling with fast-moving changes related to the Trump administration's trade policies. On Thursday, without warning, came another jolt. | The 100% ...
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Lori Wallach @wallachlori.bsky.social · 10/09/2025
The US Supreme Court has granted a speedy review of Trump's authority to do some of the broadest tariffs. Oral arguments early Nov! Here's my quick take on some things to know about this case that has big implications for trade policy & for the parameters of presidential power.
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Marcy Kaptur @repmarcykaptur.bsky.social · 05/09/2025
🚨This month's job report is a stark warning: The Trump/GOP tariffs and tax policy continue to cause chaos, drive up costs, and lead to massive job loss. 78,000 job losses in manufacturing alone since January!
cnn.com
America’s job market flashes yet another warning sign about the economy | CNN Business
The US economy added just 22,000 jobs in August and the unemployment rate rose to 4.3%, the highest since 2021.
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Lori Wallach @wallachlori.bsky.social · 05/09/2025
Our analysis of Q1-2 25 found EVERY manufacturing indicator was down & significant increase in the US trade deficit compared to 1st six months of 2024. Tariffs can be an effective tools but Trump is committing tariff malpractise- on/off, wrong targets, etc t.co/maznViMJJE
t.co
https://rethinktrade.org/trumptrademanufacturing/
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Rethink Trade @rethinktrade.bsky.social · 05/09/2025
Read our manufacturing report. We discuss it here: rethinktrade.org/trumptradema...
rethinktrade.org
Donald Trump Promised Balanced Trade More Manufacturing: How’s It Going? | Rethink Trade
While on the campaign trail and in his presidential trade policy announcements since, Donald Trump has promised to lower the U.S. trade deficit with the goal of rebuilding American manufacturing.With ...
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Rethink Trade @rethinktrade.bsky.social · 03/09/2025
ICYMI: Rethink Trade's @wallachlori.bsky.social appeared on Fox affiliates across the country to discuss just what the closure of the #deminimis loophole means for you: www.youtube.com/watch?v=wr0n...
youtube.com
Rethink Trade's Lori Wallach Appears on Fox Affiliates to Discuss De Minimis Loophole Closure
Rethink Trade's Lori Wallach appeared on Fox affiliates across the country to discuss the significance of the de minimis loophole closure. Watch NOW.
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Lori Wallach @wallachlori.bsky.social · 02/09/2025
ICYMI: The Fed. Circ. Appeals court just ruled on Trump's tariff authority, affirming the Crt of Intl Trade that the Int'l Emergency Economic Power Act doesnt provide authority for the expansive "reciprocol" & "fentanyl" tariffs. But nuanced...6 key things: 1)The tariffs stay in place🧵
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Lori Wallach @wallachlori.bsky.social · 29/08/2025
The US "de minimis" trade enforcement loophole that let 4 mil packages DAILY most from China bought online to skip inspection, tariffs & taxes closed today. If properly enforced, US consumers, small biz & manufacturers will benefit. This🧵 unpacks some of the misinfo on this 1/
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Lori Wallach @wallachlori.bsky.social · 14/08/2025
July's Producer Price Index is out. Despite predictions tariffs on intermediate goods would raise prices, goods prices are fairly flat. So why the "prices up" headlines? Prices for services jumped and half of that is increased profits. Price gounging using tariff excuses? 1/2
Alt text: Screenshot of a tweet by Matt Stoller (@matthewstoller) posted at 5:42 AM on August 14, 2025, with 11.5K views. It reads:
“Over half of the broad-based July increase is attributable to margins for final demand trade services, which jumped 2.0 percent.”
Wow HALF of the increase is due to higher profit margins.
This is not a trade story.
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Rethink Trade @rethinktrade.bsky.social · 14/08/2025
It's hard keeping track of all of the trade deal news dropping - more just dropped this morning! - so Rethink Trade's @wallachlori.bsky.social sat down with the Organized Money podcast to talk Trump, trade and more. LISTEN NOW: www.organizedmoney.fm/p/is-there-e...
organizedmoney.fm
Is There Even a Trade War?
Welcome to the podcast Organized Money.
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Lori Wallach @wallachlori.bsky.social · 01/08/2025
We compiled the manufacturing indicator & trade balance data for Trump’s first six months, which show a bigger trade deficit and manufacturing decline — the opposite of Trump’s promises and stated goals. t.co/tYzjexPl7i
t.co
https://rethinktrade.org/reports/pressmemotradeindustrialdata2025/
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Lori Wallach @wallachlori.bsky.social · 01/08/2025
Posted last night: 📢The US goods & services trade deficit was 47% larger in first 5 months of '25 than 1st 5 months of '24. ie. $165 billion opposite of Trump's trade promises. Even B4 the full 6 month data is out 8/5, we can see the trade deficit up in Trump’s 2nd term. We'll have more tomorrow!
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Lori Wallach @wallachlori.bsky.social · 01/08/2025
Ding Dong De Minimis is Dead! The dangerous trade loophole letting 4 milion daily packages of online purchases mainly from China into the US w/o inspection, tariffs, taxes is ending! Big online retailers & delivery corps scoffed 6 yrs ago when we first demanded this scam's end 1/
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