Trade | Council on Foreign Relations

Biden’s Indo-Pacific Trade Play

One year after the Joe Biden administration unveiled its Indo-Pacific Economic Framework, the agreement still doesn’t look like a traditional trade deal and could end up falling short of its ambitions.

Article by Inu Manak Nov 8, 2023

Mathias Döpfner on Global Trade

In this CFR event, Mathias Döpfner examines trade, political polarization, the role of media in foreign policy.

Event with Mathias Döpfner Sep 18, 2023

A Turning Point for Global Trade

As the United States and other countries invest in industrial policy, Why It Matters takes a look at the changing landscape of global trade.

Podcast by Gabrielle Sierra, Asher Ross, Markus Zakaria, Molly McAnany, Jennifer Hillman, Inu Manak, and Edward Alden Nov 8, 2023

United States

Friendshoring’s Devil Is in the Details

The Joe Biden administration needs to decide if friendshoring is a paradigm shift or old wine in new bottles.

Blog Post by Inu Manak and Manjari Chatterjee Miller October 25, 2023 Renewing America
Drug Policy

America’s Fentanyl Epidemic: The China Connection

Over the past few years, a new threat has emerged as a leading cause of death in the United States: fentanyl. Yet even as the drug wreaks havoc on Americans lives, preventing its flow into the United States is complicated, partially because of the supply’s overseas origins, which is often China. What is China’s role in the U.S. fentanyl crisis?

Podcast with Gabrielle Sierra , Thomas J. Bollyky , Zongyuan Zoe Liu and Shannon K. O'Neil October 25, 2023 Why It Matters
Panama

What’s Causing the Panama Canal Logjam

Low water levels have led to a traffic jam at one of the world’s busiest maritime passages. The bottleneck demonstrates how accelerating climate change is threatening global supply chains.

In Brief by Diana Roy September 29, 2023

Brazil

Latin America This Week: September 20, 2023

At 32 years old, Mercosur faces an existential crisis; Petro signals a big shift on drug policy; Massa’s last-ditch election spending will hobble the next government.

Blog Post by Shannon K. O'Neil and Will Freeman September 20, 2023 Latin America’s Moment
Economics

CEO Speaker Series With Mathias Döpfner

Mathias Döpfner discusses global trade, political polarization, the role of media in foreign policy, and lessons learned as chairman and CEO of Axel Springer SE, a multinational media company and owner of U.S. media brands including Politico and Business Insider. The CEO Speaker Series is a unique forum for leading global CEOs to share their insights on issues at the center of commerce and foreign policy, and to discuss the changing role of business globally.

Event with Mathias Döpfner and Afsaneh Mashayekhi Beschloss September 18, 2023 CEO Speaker Series
Southeast Asia

What Is ASEAN?

The Association of Southeast Asian Nations is a regional organization that brings together disparate neighbors to address economic and security issues, but the group’s impact remains limited.

Backgrounder by CFR.org Editors September 18, 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.

Blog Post by Jennifer Hillman and Inu Manak September 13, 2023 Renewing America
Trade

Decision Making in an Uncertain World

In a conversation with two of his former chiefs of staff, former U.S. Treasury Secretary Robert E. Rubin discusses his decision-making process and how policymakers should think about economic issues including the national debt, trade, and inflation.

Event with Robert E. Rubin , Sylvia Mathews Burwell and Michael Froman September 11, 2023 Renewing America
China

U.S. Strategic Competition With China

Bipartisan leadership of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party, Chairman Mike Gallagher (R) and Ranking Member Raja Krishnamoorthi (D), discuss the work of the committee to ensure the United States is well positioned to counter growing competition with China, across the trade, technology, development, manufacturing, and military sectors.

Virtual Event by Mike Gallagher, Raja Krishnamoorthi and Michael Froman September 11, 2023 Renewing America
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 countries hoping to gain an edge in international trade and advise that now is the time to consider sensible guardrails to prevent an ensuing arms race in subsidization.

Virtual Event by Jennifer Hillman , Inu Manak and Shawn Donnan September 7, 2023 Renewing America
Trade

Rethinking International Rules on Subsidies

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

Council Special Report by Jennifer Hillman and Inu Manak September 6, 2023 Renewing America
Mexico

ASEAN Summit, AMLO’s Final Year, COVID-19 Variants Emerge, and More

Southeast Asian leaders meet in Jakarta, Indonesia for the forty-third Association of Southeast Asian Nations (ASEAN) summit, working to improve the bloc’s cooperation with external partners; Mexican President Andrés Manuel López Obrador, commonly known as AMLO, begins the last year of his six-year term; new COVID-19 variants drive a spike in U.S. cases and hospitalizations; and U.S. Secretary of Commerce Gina Raimondo’s visit to Beijing spurs renewed interest in U.S.-China trade.

Podcast with Robert McMahon and Shannon K. O'Neil August 31, 2023 The World Next Week
Latin America

A Ticking Clock for Latin America’s Nearshoring Opportunity

The window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.

Article by Shannon K. O'Neil August 9, 2023 Latin America Studies Program
United States

Congress Asserts Its Trade Authority With Taiwan Trade Deal

A first step to getting U.S. trade policy back on track

Blog Post by Inu Manak August 8, 2023 Renewing America
Latin America

US Should Look South, Not Far East, on Trade Pacts

Many economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards.

Article by Shannon K. O'Neil July 26, 2023 Latin America Studies Program