The Office of the United States Trade Representative recently stepped back from ongoing negotiations on digital trade at the World Trade Organization, citing unsettled domestic policy, and suspended support for digital trade rules in the Indo-Pacific Economic Framework too. But if the U.S. wants to be a part of the conversation, it should reengage and help craft rules flexible enough to meet its future domestic policy needs, writes nonresident fellow Simon Lester.
Despite recent claims that “free trade is dead,” fellow Simon Lester explains that America was never close to anything resembling free trade in the first place. Instead, current U.S. trade policy, just like past policy, reflects a messy mix of free market and industrial policy views.
Who is benefiting from Europe's skyrocketing natural gas prices? "Middle men” companies who buy natural gas or LNG in the U.S and sell LNG in Europe are receiving the windfall, write fellows Steven Miles and Anna Mikulska.
With the recent enactment of the CHIPS and Science Act, the conversation about industrial policy has started up again. Are state-directed economic policies back, and will such initiatives work?
How can a U.S. response help Europe if Russian gas cuts off energy supplies of more countries following Poland and Bulgaria? The authors explain why currently, more drastic actions by the U.S. could prove counterproductive, unnecessary and harmful to U.S. trade policy. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 2, 2022.
To better reflect the iterative collaboration necessary for scientific progress, the Nobel Prize must expand its recognition to the many contributors of winning discoveries as well as diversify the selection committee, thereby also expanding recognition of the work of underrepresented minorities, argues this Baker Institute Blog post.
Kirstin R.W. Matthews, Kenneth M. Evans, Flora Naylor, Daniel MoralíOctober 13, 2021
This year's Nobel Prize in Physics broadens the traditionally defined scope of the discipline, writes Kenneth Evans, demonstrating how discoveries in physics play a crucial role in addressing global issues like climate change.
The liquefied natural gas (LNG) industry faces increasing pressure to do more to achieve climate change objectives. A new product—Green LNG—could help ensure that natural gas keeps its role in the energy transition, if the LNG industry can convert Green LNG into a uniform, tradable commodity, write the authors.
Kenneth B. Medlock III, Steven R. Miles, Marcia HookOctober 27, 2020
Understanding how to interpret the signs of a child's distress as they adjust to a new way of life during Covid-19 — and how to respond appropriately — is important for a child's mental health and development.
Patrick S. Tennant, Marcy Melvin, Quianta MooreApril 27, 2020