Aug 20, 2019
Washington's go-it-alone approach to its trade disputes with China is imposing a high and growing cost on the U.S. economy. It could even threaten global prosperity. What's more, there's no quick resolution in sight.
International trade—business conducted across national borders—drives GDP and directly and indirectly affects global alliances, globalization, and the economic health of nations. RAND research has examined international trade in contexts as diverse as arms trafficking, the drug trade, international nuclear commerce, trade unions, the U.S.-China trade deficit, and economic investment in Ukraine.