Rewind: Tai, in search of a ‘course correction’

“We cannot just go back to the world in 2015 and pretend like these things didn’t happen,” U.S. Trade Representative Katherine Tai said last week, underscoring a trade-policy rethink, already in process, that questions decades-old core dicta. A new course is needed, she said in reaction to cascading challenges to the U.S. “vision for globalization,” which has had trade liberalization as its center and the World Trade Organization as its key multinational pathway. In a new version of “this globalized...