000			01356nam a22001337a 4500
999			_c531847 _d531847
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100			_aFroman, Michael B. G. _957620
245			_a After the trade War: Remaking rules from the ruins of the rules based system
260			_aForeign Affairs
300			_a104(5), Sep-Oct, 2025: p. 60-98
520			_aThe global trading system as we have known it is dead. The World Trade Organization has effectively ceased to function, as it fails to negotiate, monitor, or enforce member commitments. Fundamental principles such as “most favored nation” status, or MFN, which requires WTO members to treat one another equally except when they have negotiated free-trade agreements, are being jettisoned as Washington threatens or imposes tariffs ranging from ten to more than 50 percent on dozens of countries. Both the “America first” trade strategy and China’s analogous “dual circulation” and Made in China 2025 strategies reflect a flagrant disregard for any semblance of a rules-based system and a clear preference for a power-based system to take its place. Even if pieces of the old order manage to survive, the damage is done: there is no going back.- Reproduced https://www.foreignaffairs.com/united-states/after-trade-war-michael-froman
773			_aForeign Affairs
942			_cAR