Pre-Hearing Brief

Advancing America’s Interests at the World Trade Organization’s 13^th Ministerial Meeting

In light of the House Ways and Means Subcommittee on Trade hearing on Wednesday, February 7, entitled “Advancing America’s Interests at the World Trade Organization’s 13 ^th Ministerial Meeting,” you may be interested in these recent Council on Foreign Relations (CFR) and Foreign Affairs publications on the subject.

Responsible Consensus at the WTO Can Save the Global Trading System

The World Trade Organization (WTO) faces a slate of new challenges in an already trying time for the global trade organization. CFR’s Inu Manak and Manjari Chatterjee Miller argue that major economies, including India, oppose the idea of plurilateral negotiations, in which only current stakeholders negotiate, thereby threatening progress for the fractured global trading system. Read more at Renewing America »

Washington’s New Trade Consensus

Former U.S. Trade Representative Robert Lighthizer sought to sideline the WTO and decouple the U.S. and Chinese economies, writes Gordon H. Hanson of Harvard University. If Washington continues down the path of trade unilateralism, it will destabilize the global alliances and institutions that it spent seven decades building. Read more at Foreign Affairs »

How the United States and EU Could Harmonize Their Approaches to Trade in EVs and Steel

CFR’s Brad W. Setser argues that despite sharing broadly similar policy goals, the United States and the European Union are currently struggling to find common approaches to trade in green goods. Current U.S. steel and electric vehicle regulations under the Inflation Reduction Act are in opposition to WTO rules. For the United States and the EU to compete against Chinese green products and steel, the transatlantic allies must work together to bend WTO rules without breaking the letter of the law. Read more at Follow the Money »

Why the U.S. Trade Office No Longer Runs Trade

According to CFR’s Edward Alden, the center of decision-making for U.S. trade policy has moved from the U.S. Trade Representative (USTR), headed by Katherine Tai, to the Commerce Department under Gina Raimondo. This is a marked shift in U.S. trade policy, as USTR’s mission has long been liberalizing trade, while the Commerce Department is tasked with the defense and promotion of U.S. companies and the protection of U.S. technologies. Read more at Foreign Policy »

CFR EXPERTS ON INTERNATIONAL TRADE

Matthew P. Goodman is a distinguished fellow for global economic policy at the Council on Foreign Relations.

Jennifer Hillman is a senior fellow for trade and international political economy at the Council on Foreign Relations.

Inu Manak is a fellow for trade policy at the Council on Foreign Relations.

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