A new year brings new developments in trade. Four CFR experts highlight the trade policies they will be monitoring this year.

"A decisive rethinking of American foreign economic policy that fuses the imperatives of national security with economic ...

The contemporary global landscape is characterised by increasingly complex geopolitical and economic dynamics, chaotic power shifts and rapid collapse of the world order. A new era of regional and sub ...

In October 2024, Treasury secretary Janet Yellen addressed the Council on Foreign Relations to tout the Biden administration’s “modern supply-side economics.” She argued that more government spending ...

Recent surges in trade policy uncertainty highlight the fragility of global supply chains, prompting businesses to consider reshoring—moving production from abroad to domestic locations. Reshoring can ...

Discover how the Bureau of Economic Analysis influences U.S. economic policy with vital reports on GDP, trade, and more, ...

As economic security policies gain ground across major APEC economies, the forum has remained largely silent on the issue. While framed as national security, these policies often undermine the liberal ...

The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...

First there were “concepts of a plan,” then there were tariff trade “subdeals,” and now, per National Economic Council Director Kevin Hassett, there are trade deals “in principle.” The Trump ...

Treasury Secretary Scott Bessent and He Lieng, China’s vice premier for economic policy, are to be congratulated for pulling the US and Chinese economies from the brink and substantially de-escalating ...

US–China rivalry is reshaping global and regional trade, pressuring ASEAN countries with transshipment rules that risk fragmenting supply chains and undermining regional integration. ASEAN countries’ ...