Trade

U.S. President Donald Trump

How Trump May Finally Kill the WTO

By strangling the World Trade Organization’s appellate body, Washington is effectively hamstringing the trade organization’s ability to resolve disputes.

Argentine President-elect Alberto Fernández

U.S.-Argentine Relations Can Survive Trump’s Tariff Threat

Since Alberto Fernández’s election, the U.S. president hadn’t antagonized the incoming leftist administration—until the announcement of new tariffs on steel and aluminum this week.

Chinese President Xi Jinping and Brazilian President Jair Bolsonaro shake hands after their bilateral meeting in Brasília, Brazil, on Nov. 13.

Bolsonaro Placed a Losing Bet on Trump

Monday’s announcement of U.S. tariffs on Brazilian steel and aluminum imports is yet one more reason China may be looking like a better partner.

U.S. President Donald Trump shakes hands with Japanese Prime Minister Shinzo Abe

Japan Regrets Trusting Trump on Trade

Trade negotiations have left Tokyo giving much and getting little.

U.S. President Donald Trump and French President Emmanuel Macron meet on the sidelines of the NATO summit in London on Dec. 3.

U.S.-Europe Trade War Reerupts in London

As bad as tensions over NATO are, things could get even uglier over France’s new digital services tax.

Customs officers destroy counterfeit products

China Bids to Lead World Agency Protecting Intellectual Property 

“Why would you want to put the fox in charge of the henhouse?” says one American expert.

Kimberly Reed testifies during her confirmation hearing to become president of the Export-Import Bank on Capitol Hill on July 19, 2018.

Bid to Revive Export-Import Bank Runs Aground

Despite the threat from China and other nations, Republicans still decry what they call “crony capitalism.”

An Indian technician inspects components on an assembly line at Highly Electrical Appliances India Pvt. Ltd. outside of Ahmedabad on Dec. 8, 2016.

Modi Was Right. India Isn’t Ready for Free Trade.

Until the country can address its own economic problems, agreements like the RCEP may do more harm than good.

At least three barges and one ship, the Courier, ran aground after they broke free from their moorings during Hurricane Gustav in New Orleans on Sept. 2, 2008.

Climate Change Is Coming for Global Trade

As sea levels rise and storms become fiercer, container shipping could be in for major disruptions.

Shipping containers at the Port of Los Angeles, one of the main gateways for trade with Asia and which is suffering lower cargo volumes due to the trade war, on Nov. 7.

Does Trump Have a China Trade Deal Yet or What?

Sort of. If you can call it that. Pity about all the lost billions of dollars.

Indian farmers burn an effigy of Prime Minister Narendra Modi, protesting plans to join the Regional Comprehensive Economic Partnership trade pact, on Sept. 15.

While Trump Builds Tariff Walls, Asia Bets on Free Trade

It’s crunch time for the biggest trade deal you’ve never heard of.

U.S. President Donald Trump holds up a "Trump Digs Coal" sign at a rally in West Virginia, one of the states hit by the coal industry's sharp decline, on Aug. 3, 2017.

Trump Can’t Save Coal Country

With eight bankruptcies in the last year—the latest this week—coal is in deep trouble again, and that could spell trouble for Trump in 2020.

Vice President Mike Pence delivers a speech on U.S.-China relations.

5 Takeaways From Mike Pence’s Hawkish China Speech 

The vice president lays out a wide-ranging critique of China at a critical moment for trade talks. 

Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on Feb. 27, 2018.

Beware SOFR

With the global economy slowing, the world has a new acronym to worry about.

U.S. President Donald Trump speaks about the U.S.-Mexico-Canada Agreement at an aerospace plant in Milwaukee on July 12.

Why Trump Still Can’t Get USMCA Through Congress

Ironically, the fight over impeachment could finally ease the way for NAFTA’s successor. But time is running out.

Foreign Policy illustration/Panayiotis Tzamaros/NurPhoto via Getty Images

Economists on the Run

Paul Krugman and other mainstream trade experts are now admitting that they were wrong about globalization: It hurt American workers far more than they thought it would. Did America’s free market economists help put a protectionist demagogue in the White House?

trumps-world-cover-foreign-policy-fall-2019-print-3-2

It’s Trump’s World Now. What Do We Do About It?

How to fix U.S. democracy, populism, trade, and other pressing issues.

Sébastien Thibault illustration for Foreign Policy

Why Trade Wars Are Inevitable

Trump’s trade wars aren’t just about him or China—but global economic imbalances that the next U.S. administration will still have to address.

Turkish President Recep Tayyip Erdogan

Halkbank Indictment Turbocharges U.S.-Turkey Tensions

After a long, mysterious delay, the Trump administration finally targets the Turkish bank for helping Iran to evade U.S. sanctions. Don’t expect Ankara to cooperate.

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