Debates over world trade often conflate two distinct issues. The first is how to expand the efficiencies that occur when international trade is broadly balanced and countries are able to benefit from ...
Over the course of a year, U.S. President Donald Trump’s administration has become the most disruptive force in global trade since the 1930s. But the destruction of the post–Cold War trade order—a ...
Trade agreements establish shared foundational rules for countries to govern their economic interactions. Though offering significant economic benefits, the United States maintains fewer comprehensive ...
Recent surges in trade policy uncertainty highlight the fragility of global supply chains, prompting businesses to consider reshoring—moving production from abroad to domestic locations. Reshoring can ...