Trade
Despite media hoopla, cross-border crime -- illegal drugs sales, evasion of taxes, intellectual property theft, and money laundering -- is hardly a new phenomenon. For much of history, moreover, the United States was as much perpetrator as victim. Recognizing this awkward truth should help cool down overheated debates about today's transnational problems and how to respond to them.
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Jobs growth was slow in May, renewing pessimism about the U.S. economy.
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It is time to face reality: the current round of multilateral trade talks is doomed.
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Strict export restrictions are making U.S. businesses less competitive and the country less secure. Policymakers must craft new regulations to help, rather than harm, U.S. interests.
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Despite common assumptions, oil prices are likely to remain low for a while: key producers, especially Saudi Arabia, have been boosting their production, and demand growth in top consumers like the United States and China will be more modest than expected.
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Protectionist sentiment on Capitol Hill threatens to scuttle Washington's free-trade agenda. A bipartisan consensus on trade could emerge, but only if the White House and the Democrats can reach a compromise on labor issues.
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Not long ago, the expansion of free trade worldwide seemed inevitable. Over the last few years, however, economic barriers have started to rise once more. The forecast for the future looks mixed: some integration will probably continue even as a new economic nationalism takes hold. Managing this new, muddled world will take deft handling, in Washington, Brussels, and Beijing.
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President Obama's plans for a consolidated trade and commerce department underscores his goal of doubling U.S. exports by the end of 2014, but some question how creating a larger organization will increase efficiency.
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Russia's pending membership in the World Trade Organization could alter its global economic standing and boost trading partners. But experts say Moscow must restructure its economy to benefit from joining the club.
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As Presidents Lee and Obama reaffirm the relationship and celebrate congressional approval of a long-pending free trade deal, they must also focus on difficult challenges ahead with North Korea and China's rise, say experts.
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A U.S. Senate bill targeting China's controversial currency policy risks provoking retaliatory measures from Beijing, say analysts, and would make little headway in advancing U.S. economic interests.
See more in China, Trade, U.S. Strategy and Politics
Australia's continued flooding is expected to cost billions in losses and clean-up, and some scientists believe the devastating floods are a harbinger of increasing extreme weather events to come.
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Some analysts say the U.S.-China disagreement over tire imports could provoke a damaging trade dispute at a time when the two giant economies are needed to lead global economic growth.
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A downbeat Davos summit brings warnings of trade protectionism into the limelight. Economists say these concerns should be taken into account as leaders of industrialized nations craft economic stimulus plans.
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President-elect Barack Obama has expressed willingness to have direct talks with Cuba, the latest step in what experts still view as a long road toward normalizing U.S.-Cuban relations.
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A compilation of CFR.org's resources on globalization trends and trade policy.
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