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February 1, 2024

Economics
Global Trade Tracker

The CFR Global Trade Tracker allows you to gauge trends in international trade through time. The map below compiles trade data from 178 countries as reported to the International Monetary Fund (IM…

December 18, 2023

Latin America
Mercosur: South America’s Fractious Trade Bloc

Three decades after its founding, Latin America’s largest trade bloc continues to deal with internal divisions, including over a stalled trade deal with the European Union. New leadership in Argentina and Brazil could shake things up.

A truck driver waits to unload his cargo of cereal grain at a rail terminal in Brazil.

December 4, 2023

Sub-Saharan Africa
AGOA: The U.S.-Africa Trade Program

AGOA is the cornerstone of the U.S.-Africa trade relationship, but declining support has called the program’s value into question.

A worker wearing a dust mask sews at an export processing zone factory in Athi River, Kenya.

September 26, 2023

Trade
The Contentious U.S.-China Trade Relationship

Trade between the world’s two biggest economies has ballooned in recent decades, bringing significant benefits but also perils that have led to calls to rethink the relationship.

A Chinese technician wearing a facemask is cast in blue light as he works on a solar panel production line.

March 20, 2024

China
China and Russia: Exploring Ties Between Two Authoritarian Powers

China and Russia have expanded trade and defense ties over the past decade, but they’re not formal allies. Experts say Russia’s war in Ukraine could be a turning point in the relationship.

Russian President Vladimir Putin and Chinese President Xi Jinping stand next to each other.

November 8, 2023

Trade
Unpacking the IPEF: Biden’s Indo-Pacific Trade Play

One year after the Joe Biden administration unveiled its Indo-Pacific Economic Framework, the agreement still doesn’t look like a traditional trade deal and could end up falling short of its ambition…

Containers are loaded at the Port of Singapore, the second largest port in the world.

January 22, 2024

United States
Responsible Consensus at the WTO Can Save the Global Trading System

The United States needs to convince holdouts such as India to support the concept of plurilateralism.

WTO

December 13, 2023

Trade
South America Can Still Save Its Trading Bloc

Stalemate over a trade deal with the European Union has left Mercosur on life support. Its revival depends on spurring greater intraregional trade.

Brazil’s President Luiz Inácio Lula da Silva attends the 63rd Summit of Heads of State of Mercosur and Associated States, at the Museum of Tomorrow in Rio de Janeiro, Brazil, December 7, 2023.

March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

November 8, 2023

Trade
A Turning Point for Global Trade

International trade has shaped the world for much of the past century. Countries benefited from the global flow of goods, and the world became richer and safer. At the same time, many Americans lost …

Podcast Factory worker making textiles on a large industrial machine.