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Peterson Institute

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@PIIE

The Peterson Institute for International Economics is a nonpartisan, independent research institution devoted to studying international economic policy.
Washington, DC piie.com Joined March 2009
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PIIE mourns the loss of Gary Clyde Hufbauer, a pillar of the Peterson Institute for International Economics & a beloved colleague & friend to many.

As one of the Institute's cornerstone senior fellows, he helped C. Fred Bergsten make PIIE what it became from its earliest days & embodied so much of the spirit of the Institute—intellectual engagement, passion to understand & improve the policy world, independence, collegiality, & a deep commitment to bringing economic research to bear on the world's most pressing policy challenges.

His passing is an enormous loss to our community & to the field of international economics. Gary leaves behind a monumental legacy, not only in his scholarship & influence on economic policy, but also in our institution which he helped build & the many lives he touched.

May his memory be a blessing for his family. He certainly was a blessing to all of us at PIIE.
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Peterson Institute Verified account @PIIE
The Santiago Principles—voluntary guidelines adopted in 2008 for the governance & operation of sovereign wealth funds (SWFs)—are in urgent need of revision, @AdnanMazarei & @TrumanTed write. SWFs should disclose more clearly their risk management policies, procedures, & practices & their approach toward investment decisions that are directed in whole or in part at noneconomic considerations. piie.com/publications/p…
www.piie.com It is time to revisit the Santiago Principles on sovereign wealth funds The Santiago Principles have played a critical role in strengthening the governance and transparency of sovereign wealth funds. They also helped ease concerns about SWFs before 2008 and supported the...
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Peterson Institute Verified account @PIIE
Tariffs on beginner gear, whether instruments, sports, or art supplies, thin out the next generation of customers for the very domestic producers they are meant to protect. & the losses are not confined to importers, retailers, or manufacturers. piie.com/blogs/realtime…
www.piie.com Santa's sleigh will be weighed down by tariffs Believe it or not, the holiday shopping season is just around the corner, with holiday lights and artificial Christmas trees already crowding store aisles. Many parents are eager to give presents...
Peterson Institute Verified account @PIIE
"As far as I know, there is zero sentiment in Congress, on either side of the aisle, for the Section 338 tariffs” used against Canada, Alan Wolff says. “That could be one place you could pick up some Republican votes even during the lame duck.”
foreignpolicy.com/2026/11/04/mid…
foreignpolicy.com Trump’s Next Trade War Could Be With Congress Trump’s tariffs are unpopular, and lawmakers want to claw back their authority.