Trade Strategies for a New Era

Read an excerpt of Trade Strategies for a New Era.

Trade Strategies for a New Era proposes concrete ways to cut the U.S. trade deficit, to deal with commercial problems arising from Asia's economic woes, and to bring back on track the recently derailed U.S. presidential fast-track authority. It offers a strategy to build the necessary bipartisan support inside the United States for trade policy and to help U.S. companies gain access to foreign markets.

A collection of short chapters written by key members of Congress, former top officials of the U.S. Trade Representative's Office, expert analysts, and senior business executives, this book goes beyond traditional trade concerns to address problems of global corruption, regulatory reform, environmental and labor objections to trade, and the public's growing distrust of economic globalization. The book also sheds new light on how the United States has acquired a strong competitive position in the high value-added segments of most industries—from steel to computers to textiles—even as it has yielded its dominant position manufacturing products requiring little input from technology or skilled workers.

A Council on Foreign Relations Book