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Renewing America

Ideas and initiatives for rebuilding America’s economic strength.

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A New York Police officer stands guard in an almost empty Times Square during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., March 31, 2020. Eduardo Munoz/Reuters.

After the Pandemic: Can the United States Finally Retool for the Twenty-First Century?

Over the more than half a century since the United States embraced its integration into the global economy, it has produced both the strongest and the weakest of the advanced economies. The strengths are obvious in the United States' brilliant scientific establishment, its top-ranked universities, its lead in innovation, and its world-beating companies from Apple to Amazon. Read More

U.S. Congress
Andrew Yang’s Moment: The Economic Costs of the Pandemic Mean the Time for UBI Is Now
As fears of the growing coronavirus pandemic are leading to something close to a temporary shutdown of the U.S. economy, the moment has come to listen to the most important young political voice in t…
Trade
Smaller Countries Lose in the U.S.–China Trade Deal
Since the phase one trade deal between China and the United States was inked on 15 January, much of the commentary has focused on the overly ambitious targets for Chinese purchases of US goods. Criti…
Homeland Security
Crackdown by U.S. Customs and Border Protection Likely to Drive a Deeper Wedge Between Canada and U.S.
Those entering the United States at Peace Arch and other western border ports of entry are facing a stepped up enforcement regime that creates significant risks for all southbound travelers.
  • Trade
    What to Look for in the “Phase One” U.S.-China Trade Deal
    On Wednesday, January 15, Chinese Vice Premier Liu He and U.S. President Donald J. Trump will sign the “phase one” trade agreement that has been in the works since the March 22, 2018, determination u…
  • Trade
    Congress Should Use the USMCA Ratification Process to Restore Congressional Authority Over Trade
    With the signing of the Protocol of Amendment to the United States-Mexico-Canada Agreement (USMCA) on December 10, 2019, the battle over USMCA now moves to the Congress. Throughout the two-and-a-half…
  • Trade
    The USMCA Breakthrough: The New U.S. Trade Consensus and What it Means for the World
    In the history of the domestic politics of trade, the breakthrough announced this week on the United States-Mexico-Canada Agreement (USMCA) is a genuine milestone. Following intensive negotiations—in…
  • Trade
    The October Truce on U.S.-China Trade Failed to Address Subsidies
    Concern that China's subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced "phase one" of a trade deal with China. A genuine solution to the China trade problem will require forcefully addressing the unmentioned subsidy issues.
  • NAFTA
    Democrats Are Right to Insist on Better Enforcement Provisions in the USMCA
    Are the provisions of the Trump administration’s rewrite of the North American Free Trade Agreement (NAFTA)—set forth in the United States-Mexico-Canada Agreement (USMCA) enforceable? As written, the answer is no.
  • Financial Markets
    The End of Shareholder Primacy?
    The recent decision by America's Business Roundtable to abandon its support for shareholder primacy was a long time coming, and reflects a broader shift toward socially conscious investment. Now that the multi-stakeholder model is receiving the attention it deserves, it will be incumbent on governments to create space for it to succeed.
  • Trade
    The Next Stage of the U.S.-China Trade War Will Be Much Worse
    The trade war between the United States and China has entered a new and dangerous phase.