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.

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

Biden’s emerging foreign policy signals a return to the post–World War II tradition. But it will be a long time before the U.S. can lead by the power of its example.

Biden's first major foreign policy address drew the curtain on the disastrous Trump era, emphasizing the nation’s strength at home determines its success abroad—and vice versa.

Egypt is again proving useful to the United States—for now.