Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
Economics
Trade
In this report, Jennifer Hillman and Inu Manak argue that the United States should lead the effort to reshape global rules to better serve its own interests and the international trading system’s changing realities
Sep 6, 2023
In this report, Jennifer Hillman and Inu Manak argue that the United States should lead the effort to reshape global rules to better serve its own interests and the international trading system’s changing realities
Sep 6, 2023
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CEO Speaker Series With Mathias DöpfnerMathias 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.
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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.
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Rethinking International Subsidies Could Cool Trade TensionsMassive government spending in semiconductors and climate threatens to provoke a costly trade war; a new set of rules could change that.
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Decision Making in an Uncertain WorldIn 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.
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U.S. Strategic Competition With ChinaBipartisan 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.
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Council Special Report: Rethinking International Rules on SubsidiesIn 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.
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Rethinking International Rules on Subsidies
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The World Trade Organization needs an updated toolbox in the face of rising industrial policies across the globe. -
ASEAN Summit, AMLO’s Final Year, COVID-19 Variants Emerge, and MoreSoutheast 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.
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A Ticking Clock for Latin America’s Nearshoring OpportunityThe window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.
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Congress Asserts Its Trade Authority With Taiwan Trade DealA first step to getting U.S. trade policy back on track
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US Should Look South, Not Far East, on Trade PactsMany economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards.
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The Dollar: The World’s Reserve CurrencyThe dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to consider alternatives.
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Russia Killed the Black Sea Grain Deal. These Countries Could Suffer Most.Moscow’s exit from the deal generated alarm in a number of populous lower-income countries dependent on Ukrainian grain.
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Latin America This Week: July 18, 2023A new conservative government in Spain would keep Latin America on the EU agenda; falling U.S.-China trade makes Mexico top U.S. partner; Guerrero’s violence spurred by poverty, corruption, and shifting U.S. drug demand.
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Taiwan, China, and the Threat of WarA small island one hundred miles off the coast of China could be the flashpoint that determines the future of great-power competition. Experts increasingly warn that a Chinese invasion of Taiwan would be globally catastrophic, regardless of its success or if the United States intervenes. How concerned should Americans be?
