As an aside on the U.S. Treasury Department’s active role in sanctions policy, the official said, “Secretary Mnuchin didn’t know he had so much authority and just loves the hammer.” Treasury’s other major national security responsibility,...
July 26, 2018
| Jonathan E. Hillman, Matthew P. GoodmanThe strategically located country on the Horn of Africa may gift control of the terminal to Chinese companies, which inaugurated a free trade zone in the same area earlier this month.
June 26, 2018
| Matthew P. GoodmanThis month has made clear that the Trump administration is not interested in multilateral economic leadership, at least for now. It may take several years—and much rebuilding at home—before Washington is ready to reengage along traditional lines.
April 26, 2018
| Matthew P. GoodmanThe Trump administration has made clear that it sees China as a strategic competitor. Rather than publicly shaming Tokyo on trade, the White House would do better to push for greater market access behind closed doors, while encouraging an uneasy but more willing Japan to work...
In the face of what could soon be another real crisis prompted by an escalating cycle of destructive protectionism, it is critical that others—whether in Buenos Aires, Brussels, or Tokyo—step up to fill the void.
The CPTPP represents a significant step toward closer trade and investment linkages in the Asia-Pacific region and sets new, high standards for regional commerce. Its eventual ratificaction will likely yield positive and negative ramifications for U.S. economic interests.
After a year of eerie calm in U.S.-China trade relations, Washington and Beijing are bracing for impact. The Chinese authorities are finally showing signs of serious concern that U.S. action is imminent.