TechWonk Blog Subsection
TechWonk Blog
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April will be a pivotal month for U.S. 鈥� and global 鈥� trade policy. It鈥檚 clear the Trump Administration views trade as a pressing priority. During its first two months, the second Trump Administration has published several memos directing the development of plans to address wide-ranging trade ambitions, such as the America First Trade Policy and Reciprocal Trade and Tariffs plans. International trade [...]
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Tariffs continue to capture the spotlight in Washington and across the U.S. campaign trail. In recent years, they have become a favored policy tool proposed to solve challenges in technology, shipbuilding, electric vehicles, and steel, to name a few sectors. U.S. policymakers and candidates now routinely call for higher tariffs on a broad range of imports, claiming the action will boost U.S. competitiveness [...]
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On March 1, the Biden Administration provided its outlook on U.S. trade policy for 2024. The annual report, produced by the Office of the United State Trade Representative (USTR), notes that trade can be a 鈥渇orce for good鈥� to help meet broader policy goals such as increasing supply chain resilience and supporting inclusive growth. However, it also shows that USTR will continue to avoid new binding, [...]
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Nearly one year ago, the United States and 13 partners in the Asia-Pacific region launched the Indo-Pacific Economic Framework for Prosperity (IPEF). The Asia-Pacific region holds much promise for U.S. diplomatic, economic, and political engagement, but many U.S. trading partners in the region have imposed barriers that limit or constrain opportunities for U.S. companies. Furthermore, regional partners [...]