The strongest argument for rebooting U.S. trade policy ultimately may not be geopolitics, nor even the economic argument that trade deals will help an already-strong U.S economy. Instead, the best argument is that trade is a key element of solving global challenges that affect us all, like the green energy transition and the risks of AI and the digital economy.

Sectoral Deals Can Boost Growth, Address Global Problems—and Win Public Support

China’s emergence as the United States’ leading rival has upended long-standing tenets of international economic policy.

Join the Carnegie Endowment’s American Statecraft Program for a conversation with Deputy National Security Advisor Mike Pyle. The discussion will address the Biden-Harris administration’s work on a modern American industrial and innovation strategy and diplomatic efforts to build broad international support. The conversation will be moderated by Carnegie nonresident scholar Peter Harrell.

One of America’s greatest assets is the attractiveness of participating in its economy; that strength should be used to good strategic effect.