Dealing constructively with subsidies in global commerce is central to G20 leaders’ goal of reforming and strengthening the multilateral trading system. The growing use of distortive subsidies alters trade and investment flows, detracts from the value of tariff bindings and other market access...

Part One What is the Belt and Road Initiative -- Part Two What can the Belt and Road Initiative Do -- Part Three The Belt and Road in History -- Part Four What did we Benefit from the Belt and Road in History -- Part Five How will Different Industries Participate in the Belt and Road Initiative...

Understanding the Recent Sino-U.S. Trade Conflict -- The Status of China’s Market Economy and Structural Reforms: The Issues behind the U.S.-China Trade War -- The Day After Tomorrow: Evaluating the Burden of Trump’s Trade War -- The Potential Impact of China–US BIT on China’s...

How should economists interpret current trade wars and the recent U.S. trade actions that have initiated them? This paper offers an interpretation of current U.S. trade actions that is at once more charitable and less forgiving than that typically offered by economic commentators. More...