Sonali Chowdhry

@sonalichowdhry.bsky.social

Trade economist @diw.de & Fellow @kiel.institute investigating supply chains with micro data. Previously: Max Weber Fellow, Marie Curie Fellow & Rhodes Scholar. https://www.sonalichowdhry.com

Thrilled to have been a part of this discussion, thinking about the big questions confronting us on industrial strategy, supply chains, geopolitical competition and the green transition. Thanks for bringing it all together @delorsberlin.bsky.social @kiel.institute @oecd-ocde.bsky.social

Jacques Delors Centre@delorsberlin.bsky.social · last yr.

What does effective industrial policy look like in a world of rising trade tensions? @drodrik.bsky.social set the stage, followed by a rich discussion with @sonalichowdhry.bsky.social, @marionjansen.bsky.social. @julianhinz.bsky.social & Nikolas Keßels. @kiel.institute @oecd-ocde.bsky.social

In preparation for today’s expected announcement of sweeping new tariffs, I’ve been exploring granular data on maritime exports of EU businesses to the US. As Brussels gears up to respond, here are some important factors to keep in mind🧵 Link to full study: tinyurl.com/5h729r8z

DIW Berlin: Trump’s Tariffs: What Escalating Trade Tensions with the US Imply for EU Exporters and Supply Chains

US trade policy has taken a sharp turn away from multilateralism, with sweeping new tariffs posing a serious threat to global supply chains. As the US remains the EU’s largest export market for goods,...

tinyurl.com

My statement on new auto tariffs (in German)👇🏾Full policy brief quantifying the economic costs of escalating trade tensions coming out next week.

DIW Berlin@diw.de · last yr.

„Nur ein stärker EU-Binnenmarkt schützt vor Trumps Handelspolitik," so urteilt unsere Handelsexpertin @sonalichowdhry.bsky.social. Was langfristiges Wirtschaftswachstum und die Widerstandsfähigkeit der EU stärken kann, lesen Sie jetzt in ihrem Statement: www.diw.de/de/diw_01.c....

»Die EU kann den 
Handel innerhalb des europäischen Binnenmarktes und mit 
anderen Freihandelspartnern vertiefen, um die Ausfuhren zu diversifizieren.« Zitat Sonali Chowdhry

OK. Tariff corner. Today, the first Trump tariffs came into force for EU & UK goods. First up: steel. As of March 12 steel articles (defined in Proclamation 9705) are subject to a 25% tariff. So are derivative steel articles (defined in Proclamation 9980). /1

US will raise tariffs on steel, aluminium imports with "no exemptions, no exceptions"... with possible exemption for Australia. But it also looks like US steel industry is already operating at ~70% capacity. That means limited scope for import substitution without rapid investment.

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Indian PM heading to D.C. next week to discuss trade, defence cooperation and H-1B visas with the Trump administration. To ease trade tensions, India already cut import duties on motorcycles recently, taking a page from the 'Harley-Davidson' playbook of economic diplomacy.

Started the 2025 conference run with the 3rd Macroeconomic Policy in Emerging Markets Workshop in Kuala Lumpur 🚀 Shared my findings on how foreign exporters responded to China’s efforts to promote the Renminbi globally, with detailed trade data from France (an important RMB clearing hub).

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