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
Dispute resolution mechanisms have become increasingly controversial as countries grapple with their implications for sovereignty, domestic regulation, and the enforcement of international obligations.
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.
More than twenty years after its implementation, the North American Free Trade Agreement continues to spur debate over its impact on economic growth and jobs.
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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This one is for my currency trading friends...
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Since 1949, U.S.-China relations have evolved from tense standoffs to a complex mix of intensifying diplomacy, growing international rivalry, and increasingly intertwined economies.
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A deep dive into the details of China's balance of payments over the last few quarters of data. During the dollar's depreciation in 2017 and the first quarter of 2018, it looks like China was adding to its official assets once again—though the growth largely came from the state banks.
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Singapore, one of the world’s wealthiest and most trade-dependent countries, punches above its weight in regional and global affairs.
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The best way of painting a more accurate picture of the economic relationship between China and the U.S.? Add in data on U.S. exports to Hong Kong.
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The idea of targeting President Trump's personal assets may be tempting, but it is the wrong approach.
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China and Israel have sharply ramped up trade, investment, and cultural ties in recent years, but obstacles to closer relations may yet emerge.
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Just how important have foreign inflows been to the Treasury market?
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U.S. competition with China continues to intensify, but rather than adopting a strategy of containment, the United States should respond by reinforcing its relationships with allies and leveraging China's desire for stability to discourage disruptive behavior.
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The White House moves forward with tariffs on Chinese imports, the UN Security Council meets to discuss the humanitarian crisis in Yemen, and World Refugee Day is marked around the world.
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Aaron L. Friedberg, an expert on the international relations of Asia and professor of politics and international affairs at Princeton University, joins James M. Lindsay to discuss the emerging U.S.-China strategic rivalry, the Trump administration's planned tariffs, and what the tariffs could mean for global trade partnerships.