The Trump administration has lauded tariffs as policy panacea, but rising uncertainty around global trade will make it all the more difficult to bring inflation under control.

Edward Alden’s speech on October 28, 2024, at the Yeutter Institute for International Trade and Finance at the University of Nebraska provides parameters and principles for future trade policy.

Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, Trump will need to rein in his penchant to go it alone.

Expect chaos as an unpredictable president uses trade threats to pursue whatever unrelated issue he wishes.

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

In crafting a new international economic policy that works for Americans and advances U.S. interests, policymakers will have to weigh multiple trade-offs.

President Donald Trump has begun his second term imposing tariffs against some of the United States’ leading trading partners to correct what he says are decades of imbalances harmful to the U.S. eco…

Defensive protectionist measures should be balanced with offensive trade promotion, ensuring access to global markets and competitiveness with China in the Indo-Pacific.

While a Mar-a-Lago Accord might sound like a strategic move, it is unlikely to achieve the desired trade rebalance.

The Federal Reserve’s dual mandate of price stability and maximum employment presents trade-offs as the Fed grapples with the next move of interest rates.