Rewind: Coming soon to trade policy -- the ‘new’ and the ‘different’

U.S. Trade Representative Katherine Tai wants “new and creative thinking” that will preclude a return to the way the trade world functioned pre-pandemic. World Trade Organization Director-General Ngozi Okonjo-Iweala wants a “different and better” something, accompanied by recognition that “our goal really shouldn’t be trying to go back to the way the world was.” They and other trade-policy movers and shakers increasingly think the future trade world will evolve into new ground rules, new governing principles, new international interactions. “New”...