Japanese and American flags are displayed in this photo illustration.

Commentary Type

What's Happening to the International Trading System? Shared Interests of the US and Japan in the Outcome

Photo Credit: REUTERS/Issei Kato


Paper prepared for remarks at the American Chamber of Commerce of Japan (ACCJ), Tokyo



I intend to cover very briefly six topics today:

  1. World Trade and the Diamond Jubilee of the Multilateral Trading System (MTS)
  2. Managing the US-China Strategic Competition
  3. Whether the World is Dividing into Two Trading Blocs
  4. The Current State of US Trade Policy
  5. The Evolving US-Japan Relationship, CPTPP and the WTO
  6. The Future of International Trade – with Recommendations

I will conclude with some thoughts on what role business can and should play in shaping policy.

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