April’s G-20 summit has been billed as a forum for producing a "global New Deal." Experts say policymakers should focus on stopping financial turmoil before tackling long-term regulatory reforms.

Leaders attending the Group of 20 summit in Pittsburgh will seek to forge agreements to buoy a global economic recovery and repair financial imbalances that contributed to the recession.

With U.S. economic recovery still slow, trade policy looms as a factor in the congressional midterm races. This Backgrounder explores the consequences for trade based on the outcome of the Democratic…