U.S. leadership in the World Trade Organization (WTO) could serve as a counterbalance to China’s growing influence. But a new poll from TradeVistas shows that first, Americans need to know why they should care about the WTO.
As World Trade Organization (WTO) members reform the global trading system, they should carry a renewed commitment to its future and a renewed vision to match that of its founders. We’ve come to rely on the WTO yet rarely stop to appreciate it. As evidenced by the results of a July 2020 TradeVistas poll, the public has very little understanding of the institution’s role.
USTR’s annual Special 301 and Review of Notorious Markets for Counterfeiting and Piracy reports on the state of intellectual property rights around the world is a valuable tool for American companies.
The UK has provided an example of how to reinvent the process of public engagement on trade to prepare for the upcoming U.S-UK trade negotiations.
The race to develop a coronavirus (COVID-19) vaccine benefits from years of global collaboration on seasonal flu vaccine and pandemic preparedness.
The WTO zero-for-zero tariff agreement on trade in health-related products needs to be expanded. Free trade will help promote recovery after COVID-19.
The WTO Government Procurement Agreement (GPA) covers $1.7 trillion in global government procurement trade across 48 countries, including the United States. But the Trump Administration may pull out of the GPA to support “Buy American” – a move that will come with unintended consequences for U.S. businesses.
The U.S. and China signed a trade deal on Jan 15. Attempting to rewire China’s economic system cannot be achieved in one pass – an agreement this ambitious would have to be built in phases. What does that mean for the future of trade deals?
Labor provisions are an increasingly important feature in trade agreements. But do they work? Despite the attention paid to labor provisions in trade deals like USMCA, domestic policy, not trade agreements, might be the most direct – and most effective – way to improve workers’ lot, especially in advanced countries like the United States.
President Trump and Brazilian President Jair Bolsonaro announced their desire to “build a new partnership” after meeting in August, potentially through a bilateral free trade agreement. Beyond any political merits or challenges, the potential commercial benefits of a U.S.-Brazil FTA can be shown through textbook economics.