Trade and International Business

Reciprocal tariffs, threats to global supply chains, and comparative manufacturing advantages have disrupted the established global trade system. CSIS scholars provide analysis and commentary on the international trading system and its institutions.

Photo: MANDEL NGAN/AFP/Getty Images

Photo: MANDEL NGAN/AFP/Getty Images

The Next Phase of USMCA

In this week's column, Bill Reinsch argues that the USMCA review will prolong uncertainty, delaying investment and complicating North American trade negotiations.

Commentary by William Alan Reinsch — July 8, 2026

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Jen Berlin

Jen Berlin

Vice President, Economic Security and Technology Department
Phil Luck

Philip Luck

Director, Economics Program and Scholl Chair in International Business
Jerry McGinn

Jerry McGinn

Director, Center for the Industrial Base and Senior Fellow, Defense and Security Department
Karl Smith

Karl Smith

Senior Fellow, Economic Security and Technology Department
Hugh Nolan Grant-Chapman

Hugh Grant-Chapman

Fellow, Economics Program and Scholl Chair in International Business
Scott Miller

Scott Miller

Senior Mentor (Non-resident), Executive Education
William Alan Reinsch

William Alan Reinsch

Senior Adviser (Non-resident), Economics Program and Scholl Chair in International Business

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The Trade Guys

Section 301 Tariffs and Digital Services Taxes in Europe

Bill and Scott unpack the latest developments around the Trump administration's Section 301 tariffs and take a look at the state of digital services taxes in Europe following President Trump's recent threat to impose 100% tariffs on countries that move forward with those taxes.

Podcast Episode by Alex Kisling, Scott Miller, and William Alan Reinsch — July 13, 2026

CSIS The Trade Guys

The Next Phase of USMCA

In this week's column, Bill Reinsch argues that the USMCA review will prolong uncertainty, delaying investment and complicating North American trade negotiations.

Commentary by William Alan Reinsch — July 8, 2026

Keeping Aluminum in Allied Hands: The Stakes of Alcoa’s South Africa Bet

Alcoa has made the largest U.S. mining supply chain investment in South Africa in years. Whether it marks the beginning of a new wave of Western investment will depend on South Africa’s policy choices—and its ability to compete for strategic mining capital.

Commentary by Gracelin Baskaran — July 8, 2026

The Trade Guys

USMCA Review Deadline with CSIS's Diego Marroquín Bitar

Bill and Scott welcome Diego Marroquín Bitar, fellow with the CSIS Americas Program, following the July 1, 2026, USMCA review deadline to discuss the U.S. decision not to renew and the future of the USMCA.

Podcast Episode by Diego Marroquín Bitar, Scott Miller, and William Alan Reinsch — July 7, 2026

CSIS The Trade Guys

The United States Has Opted Not to Extend the USMCA

The United States declined to renew the USMCA for another 16 years, triggering a decade of annual reviews. But the deal did not collapse. It now faces a slower, costlier threat: prolonged uncertainty that stalls investment across North America.

Commentary by CSIS Scholars — July 2, 2026

Troubled Straits: Analyzing Trade Chokepoints in the South China Sea

This CSIS brief offers groundbreaking insight into the value and types of goods flowing through eight different South China Sea chokepoints. The analysis reveals each country’s reliance on each chokepoint and challenges assumptions about their relative importance.

Brief by CSIS Scholars — July 1, 2026