World Trade Organization (WTO)
With President Trump skeptical of the WTO’s usefulness and Doha negotiations stalled, the future of global trade rules is in doubt.
Economics
Trade
References
With President Trump taking aim at existing trade agreements, countries are increasingly grappling with dispute resolution mechanisms and their implications for global trading rules.
The new tariffs are a high-stake gamble that economic shock and awe can succeed where negotiations have failed.
The CFR Global Imbalances Tracker can be used to gauge, through time, the vulnerability of individual countries and the global economy to the buildup of imbalances in the current account.
CFR's Edward Alden joins James M. Lindsay to discuss U.S. trade policy and the Trump administration's decision to impose tariffs on China.
Trans-Pacific Partnership (TPP)
Though President Trump withdrew from the TPP, the remaining members of the trade pact have forged ahead with a new version, leaving the U.S. role in the Asia-Pacific in question.
President Trump argues that tariffs are necessary to protect U.S. national security, but many experts argue that the measures could backfire.
President Trump has reached a deal with Canada and Mexico to restructure the North American Free Trade Agreement, hoping a new trilateral accord will reinvigorate the U.S. manufacturing sector.
President Donald Trump’s rejection of the Trans-Pacific Partnership (TPP) has upended U.S. trade policy, intensifying debate over the effects of trade on employment, inequality, national sovereignty, and safety standards.
President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.
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Test your knowledge of the immediate postwar period, including the Marshall Plan and the creation of the United Nations.
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The United Kingdom is set to crash out of the European Union on October 31 without an arrangement for what comes next.
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The trade war between the United States and China has entered a new and dangerous phase.
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Manufacturing exports are about three times more important to the euro area than to the U.S. economy. That's largely because the U.S. now exports very few manuactures. And China's imports of manufactures, once you net out imports for re-export (processing) really are quite small.
Experts in this Topic
Senior Fellow for Global Health, Economics, and Development and Director of the Global Health Program
Vice President, Deputy Director of Studies, and Nelson and David Rockefeller Senior Fellow for Latin America Studies
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Test your knowledge of global trade, including the World Trade Organization and leading importers and exporters.
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World Trade Organization (WTO)
Jennifer A. Hillman, CFR’s senior fellow for trade and international political economy, sits down with James M. Lindsay to discuss the operations and functions of the World Trade Organization. -
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