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April 1, 2024

Trade
U.S. Trade Policy Is at a Crossroads

Biden’s trade agenda is trying to tackle climate change, domestic jobs, and great power competition, but trade-offs are inevitable. A clear vision on priorities is essential. 

BRADDOCK, PENNSYLVANIA - MARCH 20: A general view of the exterior of the U.S. Steel Edgar Thompson Works, on March 20, 2024 in Braddock, Pennsylvania. Nippon Steel has said that it would relocate its U.S. headquarters from Houston to Pittsburgh, where U.S. Steel (X.N) is located, if their acquisition deal goes through.

November 8, 2023

Trade
Unpacking the IPEF: Biden’s Indo-Pacific Trade Play

One year after the Joe Biden administration unveiled its Indo-Pacific Economic Framework, the agreement still doesn’t look like a traditional trade deal and could end up falling short of its ambition…

Containers are loaded at the Port of Singapore, the second largest port in the world.

December 13, 2023

Trade
Visualizing 2024: Trends to Watch

What trends will shape world events in the year ahead? Five CFR experts weigh in.

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

July 26, 2023

Latin America
US Should Look South, Not Far East, on Trade Pacts

Many economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards.

Docked cargo ships are loaded with shipping containers at Port Elizabeth, New Jersey, United States, July 12, 2023.

June 29, 2023

Trade
Biden’s Turn Against Trade Makes It Hard to Win Friends

An era of inclusive U.S. economic policy is over, sparking anxiety around the world.

U.S. President Joe Biden speaks on rebuilding American manufacturing at the groundbreaking of a new Intel semiconductor manufacturing facility.

March 20, 2023

Trade
Why the U.S. Trade Office No Longer Runs Trade

A historic mission to facilitate global commerce is out of step with the times.

U.S. Trade Representative Katherine Tai speaks in Brasilia, Brazil