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Renewing America

Ideas and initiatives for rebuilding America’s economic strength.

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A U.S. dollar banknote featuring American founding father Benjamin Franklin and a China's yuan banknote featuring late Chinese chairman Mao Zedong are seen among U.S. and Chinese flags in this illustration picture taken May 20, 2019. Jason Lee/Reuters

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 "phase one" of a trade deal with China. A genuine solution to the China trade problem will require forcefully addressing the unmentioned subsidy issues. Read More

October 7, 2019

NAFTA
Democrats Are Right to Insist on Better Enforcement Provisions in the USMCA

Are the provisions of the Trump administration’s rewrite of the North American Free Trade Agreement (NAFTA)—set forth in the United States-Mexico-Canada Agreement (USMCA) enforceable? As written, the answer is no.

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August 26, 2019

Financial Markets
The End of Shareholder Primacy?

The recent decision by America's Business Roundtable to abandon its support for shareholder primacy was a long time coming, and reflects a broader shift toward socially conscious investment. Now that the multi-stakeholder model is receiving the attention it deserves, it will be incumbent on governments to create space for it to succeed.

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August 20, 2019

Trade
The Next Stage of the U.S.-China Trade War Will Be Much Worse

The trade war between the United States and China has entered a new and dangerous phase.

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