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Jeffrey J. Schott

As promised throughout the campaign, one of the first acts carried out by President Donald Trump was to order the US Trade Representative to withdraw formally from the Trans-Pacific Partnership (TPP)—a megaregional trade agreement between the United States and 11 other countries. The administration instead plans to pursue new bilateral trade pacts in the Asia-Pacific region.

Kent Boydston

The debate over imposing a 20 percent border adjustment tax against Mexico has raised a number of questions, but one of the most imponderable is whether and how Mexico might retaliate should such a tax be adopted. The question is more than hypothetical. The record shows that Mexico has the means and the will to fight back. In fact, it has done so in the past.

Dean Baker

In May of 2016 the United States International Trade Commission (ITC) issued its assessment of the impact of the Trans-Pacific Partnership (TPP). This paper highlights the main findings of the ITC report and explains their derivation and implications. It also examines several issues that were explicitly excluded from analysis in the ITC report.

Anabela Correia de Brito, Céline Kauffmann, Jacques Pelkmans

This study takes stock of the institutional setting, operational modalities, strengths and weaknesses of various forms of mutual recognition when used in different sector and country contexts. It aims to build a greater understanding of the benefits and pitfalls of one of the 11 mechanisms of international regulatory co-operation identified by the OECD

Martin von Lampe, Koen Deconinck, Véronique Bastien

This report provides a conceptual foundation for the analysis of international regulatory co-operation (IRC) and its potential benefits through reduced trade costs.

Asia Development Bank (ADB)

The Asian Economic Integration Report 2016: What drives foreign direct investment in Asia and the Pacific? is ADB’s annual report on Asia’s regional economic cooperation and integration, covering 48 regional members of the ADB and analyzing their regional as well as global economic linkages.

Federica Coelli, Andreas Moxnes, Karen-Helene Ulltveit-Moe

Free trade is under fire, with evidence documenting the distributional impacts and labour adjustment costs of trade liberalisation mounting. This column instead presents new evidence on the benefits of freer trade in terms of growth and innovation. It points to gains that could be lost if support for globalisation is not maintained.

Chad Bown

Trade agreements involving the US could be the first economic casualty of the 2016 election. The existing US trade agreements rose from the ashes of WWII and the Great Depression. This column argues that understanding how they protect the US economy, American workers, and consumers is critical to avoiding a repeat of the policy mistakes of earlier eras.

Alexander Cooley

This report explores the implications of China’s One Belt, One Road (OBOR) initiative on the politics and economics of Central Asia.