Trade and Tariffs: Petros Mavroidis Speaks

In his new book, Industrial Policy, National Security, and the Perilous Plight of the WTO, Professor Mavroidis asks, how does the current geopolitical crisis affect the WTO? The WTO is imperfectly only prepared to address the effects of industrial policy (unprecedented surge) in the name of national security. Alas, enforcement of the inadequate framework has added to the woes. Besides trade wars, we are now well into a crisis of multilateralism, and the future looks bleak.