Brexit represented British voters’ desire to reclaim more control over their economic future, but some worry the cost will be some of the prosperity gained from globalization.
Congress was once the seat of all power on U.S. trade policy.
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Stephen J. Silvia, American University School of International Service
A quarter-century ago, more than 100 nations agreed to engage in freer trade with one another and signed the declaration that established the World Trade Organization.
Trump has long talked about halting U.S. participation in the WTO.
Reuters/Denis Balibouse
Stephen J. Silvia, American University School of International Service
Trump has often talked about leaving the World Trade Organization. An economist explains what it is and what would happen if the president had his way.
Trump against the world?
Jesco Denzel/German Federal Government via AP
International trade policy requires three traits to be successful and lead to mutual prosperity. Trump’s is missing all three, as he showed at the G-7 summit.
China and the US are at the centre of multilateral trade talk disagreements.
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With no sign of resolution in the near future the collapse of multilateral trade negotiations, tagged as the Doha round, risks breeding a major crisis.