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June 10, 2024

Economics
The Farm Legacy of Henry Wallace: Regressive Subsidies

The era of massive government farm subsidies began in the early 1930s. It has favored the large and the rich ever since.

The Farm Legacy of Henry Wallace: Regressive Subsidies

September 30, 2024

United States
Will a Worker Shortage Kill the U.S. Manufacturing Boom?

The United States is witnessing a boom in manufacturing investment, stimulated by massive government subsidies, but the skilled workforce necessary to support it is severely lacking.

Will a Worker Shortage Kill the U.S. Manufacturing Boom?

September 7, 2023

United States
Council Special Report: Rethinking International Rules on Subsidies

In the Council Special Report Rethinking International Rules on Subsidies, authors Jennifer Hillman and Inu Manak describe how the subsidies rules did little to prevent widespread industrial use by c…

Play Joe Biden walking on stage about to shake hands at a Semiconductor Fabrication Plant in Arizona

October 2, 2023

United States
U.S. Should Lead the Effort to Reform International Subsidies, Argues New CFR Report

“The United States should lead the effort to reshape the global rules to better serve its own interests and the international trading system’s changing realities,” claims a new Council Special Report…

September 6, 2023

Trade
Rethinking International Rules on Subsidies

The World Trade Organization needs an updated toolbox in the face of rising industrial policies across the globe. 

September 13, 2023

United States
Rethinking International Subsidies Could Cool Trade Tensions

Massive government spending in semiconductors and climate threatens to provoke a costly trade war; a new set of rules could change that.

Solar panels are set up in the solar farm at the University of California, Merced, in Merced, California, U.S. August 17, 2022.

October 17, 2024

United States
2024 Stephen C. Freidheim Symposium on Global Economics

This symposium was created to address the broad spectrum of issues affecting Wall Street and international economics. It was established through the generous support of Council board member Stephen C…

U.S. Secretary of the treasury Janet Yellen speaks atop the Council on Foreign Relations stage in Manhattan, New York

October 22, 2019

Trade
The October Truce on U.S.-China Trade Failed to Address Subsidies

Concern that China's subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced …

U.S. China Currency

April 1, 2024

Trade
WTO Members Kick the Can Down the Road, Again

The World Trade Organization's (WTO) thirteenth ministerial conference (MC13) in Abu Dhabi, United Arab Emirates failed to break the deadlock on old and new initiatives in areas such as agricultural …

13th WTO Ministerial Conference in Abu Dhabi, UAE