As a potential U.S. Treasury secretary, Robert Lighthizer has more than trade policy to revolutionize.

Under Biden and Trump, the U.S. has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving.

Global risks–including Chinese overcapacity–have increased, but government intervention should seek to minimize trade-offs.

The Federal Reserve’s dual mandate of price stability and maximum employment presents trade-offs as the Fed grapples with the next move of interest rates. 

U.S. aid is critical not just for Ukraine, but for U.S. credibility in Russia and beyond.

The World Bank and IMF have concluded their spring meetings, but questions remain on China, lending capacity, and balancing the interests of rich and poor countries.

The fentanyl epidemic is a major election issue. The U.S. could leverage trade policy with China to crack down on its export. 

In crafting a new international economic policy that works for Americans and advances U.S. interests, policymakers will have to weigh multiple trade-offs.