Trade Features Prominently in Trump's National Security Strategy
President Donald Trump’s National Security Strategy released Dec. 18 firmly links trade with overall U.S. strength, as the 55-page document repeatedly commits to combat unfair trade practices and pledges that the U.S. will work to improve the performance of multilateral…
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organizations. The U.S. will “continue to play a leading role” in institutions including the World Trade Organization, the World Bank and International Monetary Fund, but will push “reforms” to boost their effectiveness, including pressing to make WTO dispute settlement more efficient, the strategy says. The document refers to U.S. “trade imbalances” several times, and insists trading partners and multilateral organizations can “do more” to address them and “adhere to and enforce the rules” of the international order. Finally, the document says new and updated bilateral trade and investment agreements are a priority for countries exhibiting “fair and reciprocal” trade.