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August 27, 2008
WEB EXCLUSIVE
China and the Collapse of Doha
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In the past, China played a secondary role in international trade negotiations. Now, it is actively challenging the fundamental rules of the global trading system. In an update to his July/August 2008 article, "A Partnership of Equals," C. Fred Bergsten argues that China was largely responsible for the collapse of the Doha Round of trade talks in July. Doha's failure will have grave consequences for the United States, the developing world, and for China itself.
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Previously in Background on the News
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Taxing the Poor July 30, 2008 Forget bashing trade and clinging to God and guns as responses to economic woes. Bitter working-class Americans should be complaining about tariffs instead, argues Edward Gresser of the Progressive Policy Institute. . . . Read more
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The Forgotten War July 16, 2008 On July 13, the Taliban attacked a U.S. military base in eastern Afghanistan, killing nine Americans — the deadliest attack in three years. As violence escalates, both the Secretary of Defense and Democratic presidential candidate Barack Obama have discussed the need for more U.S. troops in Afghanistan. . . . Read more
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To Drill or Not to Drill July 2, 2008 Rapidly rising oil prices have revived the debate over domestic oil production, including the controversial issue of drilling in Alaska's Arctic National Wildlife Refuge (ANWR). . . . Read more
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