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The coronavirus pandemic and related shutdowns in the United States and around the world have led to the U.S. economy contracting at an unprecedented rate

The security-related arguments for pursuing closer economic ties with Taiwan through a free trade agreement (FTA) are strong and widely cited. In 2019, a bipartisan group of 161 Members of Congress expressed this case in a letter to Ambassador Robert Lighthizer by writing, “Taiwan is a longstanding ally and a like-minded partner in the Indo-Pacific region that upholds and shares our values.”

Pictures of container ships anchored near the government-owned ports of Los Angeles and Long Beach are all over the news and social media.

Pictures of container ships anchored near the government-owned ports of Los Angeles and Long Beach are all over the news and social media. Together, these ports process about 40% of

Toggle open close Global trade freedom has fallen for the third straight year and is at its lowest level since 2006. For countries around the world, that means higher tariffs and nontariff barriers than in the past. For families and businesses, it means that trading is more difficult and costly. The downward trend in trade freedom started well before the coronavirus pandemic, but a worldwide combination of pandemic-related business shutdowns and economic struggles has caused global goods trade to contract. Initially, many countries responded to the pandemic and increased demand for medical go...