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April 1, 2025

Trade
Trade Calendar

Trade and tariffs are a central part of President Donald Trump’s international economic policy. Stay up to date with the Council on Foreign Relation’s calendar of significant trade-related events.

Article by Allison J. Smith Greenberg Center for Geoeconomic Studies

March 31, 2025

RealEcon
Tariffs Will Destroy the Best Cure for the Trade Deficit

US exports not only reduce deficits, they also bring higher-paying jobs and greater innovation. A tariff-driven trade war will hold back their growth. 

A cargo ship full of shipping containers is seen at the port of Oakland as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S.
Article by Shannon K. O'Neil Greenberg Center for Geoeconomic Studies

March 23, 2025

China
The Evolution of Global Trade in 2024

A rebound in U.S. consumer imports fueled global trade, while Chinese import growth diverged from China’s export growth. Importers imported more, exporters exported more, and imbalances expanded.

The Evolution of Global Trade in 2024
Post by Brad W. Setser Follow the Money

March 5, 2025

RealEcon
Trump’s Investment Policy: Clarifying and Confounding

The Trump administration’s America First Investment Policy has the virtue of conceptual clarity but provides little hope of effective implementation.

U.S. President Donald Trump delivers remarks at the America First Policy Institute America First Agenda Summit in Washington, U.S., July 26, 2022.
Article by Stephen Heifetz RealEcon

March 19, 2025

Trade
We’ve Been Looking at Trade All Wrong

There was once a broad consensus in Washington that trade was a force for good—a way to connect, grow, and prosper. But today, trade has evolved into something much bigger than just the exchange of g…

Podcast Cargo ship with shipping containers traveling through open water.
Podcast by Gabrielle Sierra and Edward Alden Why It Matters

March 13, 2025

Trade
Trailer: Why Trade Matters

Why It Matters is back and this time we are dedicating an entire season to talking about trade. Alongside CFR’s leading experts, we are bringing you stories from Americans around the country and tryi…

Podcast
Podcast by Gabrielle Sierra Why It Matters

March 4, 2025

Taiwan
Unpacking TSMC’s $100 Billion Investment in the United States

TSMC’s $100 billion will significantly boost America’s semiconductor manufacturing industry but how it will shape US-Taiwan relations is an open question.

C.C. Wei, Chairman and CEO of TSMC, speaks next to U.S. President Donald Trump and Commerce Secretary Howard Lutnick, as they make an announcement about an investment from Taiwan Semiconductor Manufacturing Company (TSMC), in the Roosevelt Room at the White House in Washington, D.C., U.S., March 3, 2025.
Post by David Sacks and Adam Segal Asia Unbound

February 5, 2025

United States
What Trump’s Trade War Would Mean, in Nine Charts

President Trump’s tariffs on Canada, China, and Mexico could upend U.S. trade. These nine charts show what’s at stake, what comes next, and why it matters.

Article by Shannon K. O'Neil and Julia Huesa Greenberg Center for Geoeconomic Studies

February 3, 2025

Trade
Media Briefing: Bracing for a Trade War

CFR experts provide insights and context around President Donald Trump's announced tariffs and what they mean for North American trade, U.S. alliances, and global competition.

Play The flags of Canada, Mexico, and the United States.
Virtual Event by Zongyuan Zoe Liu, Inu Manak, Benn Steil, Heidi Crebo-Rediker, and Michael Froman Media Briefings

January 27, 2025

Economics
Global Trade Tracker

The CFR Global Trade Tracker allows you to gauge trends in international trade through time. The map below compiles trade data from 178 countries as reported to the International Monetary Fund (IM…

Tracker by Benn Steil Greenberg Center for Geoeconomic Studies