Trade Cases
June 18, 2023
Leibowitz: Shaping a New World Economic Order?
Written by Lewis Leibowitz
The Biden administration over the last few months has articulated the need for a new global economic order. But to date, there is little in the way of ideas for implanting that order. Mostly, Katherine Tai, the US Trade Representative and Jake Sullivan, the National Security Advisor, have spoken about what’s wrong with the economic order that prevailed from the end of World War II until the global financial crisis and the Trump tariffs. The administration has stated that it wants to shift attention from markets and trade liberalization to protecting the jobs of industrial workers—a “worker-centric” trade policy.
