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Tariffs continue to capture the spotlight in Washington and across the U.S. campaign trail. In recent years, they have become a favored policy tool proposed to solve challenges in technology, shipbuilding, electric vehicles, and steel, to name a few sectors. U.S. policymakers and candidates now routinely call for higher tariffs on a broad range of imports, claiming the action will boost U.S. competitiveness [...]
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Nearly one year ago, the United States and 13 partners in the Asia-Pacific region launched the Indo-Pacific Economic Framework for Prosperity (IPEF). The Asia-Pacific region holds much promise for U.S. diplomatic, economic, and political engagement, but many U.S. trading partners in the region have imposed barriers that limit or constrain opportunities for U.S. companies. Furthermore, regional partners [...]