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.

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…

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

Europeans consider vast U.S. subsidies for cars, clean energy, and semiconductors a danger to their economies.

This year, tensions between Washington and Beijing flared over many issues. As the Biden administration prepares to take over, what lies ahead for one of the world’s most important bilateral relation…