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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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June 10, 2024
Economics
The Farm Legacy of Henry Wallace: Regressive Subsidies
The era of massive government farm subsidies began in the early 1930s. It has favored the large and the rich ever since.
September 7, 2023
United States
Council Special Report: Rethinking International Rules on Subsidies
In the Council Special Report Rethinking International Rules on Subsidies, authors Jennifer Hillman and Inu Manak describe how the subsidies rules did little to prevent widespread industrial use by c…
October 2, 2023
United States
U.S. Should Lead the Effort to Reform International Subsidies, Argues New CFR Report
“The United States should lead the effort to reshape the global rules to better serve its own interests and the international trading system’s changing realities,” claims a new Council Special Report…
September 6, 2023
Trade
Rethinking International Rules on Subsidies
The World Trade Organization needs an updated toolbox in the face of rising industrial policies across the globe.
September 13, 2023
United States
Rethinking International Subsidies Could Cool Trade Tensions
Massive government spending in semiconductors and climate threatens to provoke a costly trade war; a new set of rules could change that.
April 1, 2024
Trade
WTO Members Kick the Can Down the Road, Again
The World Trade Organization's (WTO) thirteenth ministerial conference (MC13) in Abu Dhabi, United Arab Emirates failed to break the deadlock on old and new initiatives in areas such as agricultural …
July 10, 2024
China
U.S.-China Economic Relations With Jay Shambaugh
Jay Shambaugh discusses U.S.-China macroeconomic engagement and dialogue with Chinese leadership on overcapacity and economic imbalances.The C. Peter McColough Series on International Economics bring…
October 22, 2019
Trade
The October Truce on U.S.-China Trade Failed to Address Subsidies
Concern that China's subsidies caused a flood of cheap imports was what started the U.S.-China trade war in the first place, but subsidies were not mentioned even once when President Trump announced …
July 2, 2024
Trade
The Unbearable Lightness of U.S. Trade Policy
U.S. policymakers are ignoring some of the negative trade-offs of current trade policy to the detriment of American global leadership.
