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Wed, Jul 1, 2020

Start of USMCA brings hope amid COVID-19 economic crisis

“Together, Canada, Mexico and the United States make North America an energy, manufacturing, and innovation powerhouse," Damon Wilson says. "The USMCA helps unlock this potential, offering greater prosperity for these nations' citizens and positioning democracies in North America to better shape global standards and compete with China."

New Atlanticist by David A. Wemer

Coronavirus Energy Markets & Governance

Tue, Jun 30, 2020

Private lenders need to step up on African debt relief

While policymakers have called for a moratorium on developing countries’ debt payments, bankers and bondholders have raised the alarm about how such action would decimate their bottom lines. There will need to be another approach.

New Atlanticist by Jeremy Mark and Vasuki Shastry

Africa Coronavirus

Mon, Jun 29, 2020

NAFTA’s successor is about to take effect. Here’s why it will be good for North America—and bad for the WTO

While the USMCA preserves free-trade flows among the three member countries, its use by the United States as a template for future trade negotiations, starting with the EU and the United Kingdom, would have a far-reaching effect on future developments of world trade.

New Atlanticist by Hung Tran

Mexico Trade

Mon, Jun 29, 2020

Busch in The Hill: Withdrawing from the WTO would punish the US, not China

Marc Busch writes that US “unilateralism” against China is giving rise to a very different approach to trade policy more harmful to US commerce than supportive of foreign policy objectives.

In the News by Marc L. Busch

China Economy & Business

Tue, Jun 23, 2020

US government broadcasters have long advanced the cause of freedom. Now they’re under threat.

One of the most effective tools for explaining America and its best values to the world may vanish. But you don’t advance freedom by dismantling free institutions or a free press. You advance it by empowering them.

New Atlanticist by Josh Lipsky, Daniel Fried

Europe & Eurasia Media

Sun, Jun 21, 2020

Busch in The Hill: Lighthizer’s tariff ‘reset’ would dramatically change the politics of US trade remedies

Related content from the author

In the News by Marc L. Busch

Economy & Business Trade

Thu, Jun 18, 2020

The Trump administration’s plan to upend the WTO

Now the WTO may be confronting a true existential threat brought on by the Trump administration, even at a moment when COVID-19 has severely limited its activities and its “leader,” Director General Roberto Azevedo, announced his departure a year before the end of his term. This new threat comes in the form of an announcement by the US Trade Representative (USTR) Ambassador Robert Lighthizer that the administration plans to “reset” its tariffs, which have been bound at an average rate of roughly 3.4 percent as the result of decades of give-and-take trade negotiations.

New Atlanticist by Mark Linscott

International Organizations Trade

Wed, Jun 17, 2020

The EU is a more powerful partner on China than the US might think

Across a wide range of disciplines, the EU’s technocratic institutions repeatedly serve a force-multiplier for US priorities and can help forge the common transatlantic policies necessary to protect US and EU economic and security interests in the face of a more assertive China.

New Atlanticist by Julia Friedlander

China Economy & Business

Tue, Jun 16, 2020

Managing expectations for WTO reform

The search for a new leader of the World Trade Organization (WTO) is in full swing. Soon, attention will turn to reforming the institution. Expectations need to be managed now.

New Atlanticist by Marc L. Busch

International Organizations Trade

Tue, Jun 16, 2020

The rise of Central Bank digital currencies

What exactly is a Central Bank Digital Currency (CBDC) and how is it different than your credit card?

EconoGraphics by Global Business and Economics Program and Belfer Center for Science and International Affairs

Digital Policy Economic Sanctions