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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By adopting tougher regional strategic and economic measures with Vietnam, the Donald J. Trump administration could further convince Southeast Asian states to embrace the Free and Open Indo-Pacific concept.
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Asia must accept that Democrat House win will not upset America First approach.
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China's low of level of imports of manufactures stands out, and China 2025 would reduce imports further
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China could widen the trading band around its currency in response to Trump's tariffs, but that wouldn't give it full policy autonomy. It would still need to defend the new edge of any trading band.
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With President Trump taking aim at existing trade agreements, countries are increasingly grappling with dispute resolution mechanisms and their implications for global trading rules.
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Chairman of the Council of Economic Advisers Kevin Hassett discusses economic growth, international trade talks, and the impact of the Trump administration’s policies on the U.S. economy.
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The revised NAFTA, now rebranded as the USMCA, includes digital trade provisions that brings the North American free trade area into the twenty first century.
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Critics are panning the president’s new trade deal with Canada and Mexico as a minor update. They’re wrong—it’s a significant accomplishment.
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A “blue wave” in November isn’t likely to provide an off-ramp for what is shaping up as a years-long struggle between the United States and China over trade policy.
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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.
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Trump’s trade policy is turning out to be worse than expected and the growth surge mostly reflects a temporary sugar high from last December’s tax cut. The caveat has to do with corporate investment.