
The latest issue of the
World Trade Review (Vol. 24, no. 4, October 2025) is out. Contents include:
- Tariff Turbulence – The New US Trade Policy and its Impact on the Global Trading System
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Wolfgang Alschner, Manfred Elsig, Joseph Francois, & Miriam Manchin, Introduction: Tariff Turbulence: The New US Trade Policy and its Impact on the Global Trading System
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Stephanie J. Rickard, Tariffs versus Subsidies: Protection versus Industrial Policy
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Edward J. Balistreri, The Trump Administration’s Reciprocal Duties
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Robert Koopman, The Likely Micro- and Macro-Economic Consequences of a Unilateral US Trade Policy
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Semiconductor Tariffs as Policy Whiplash
Shin-yi Peng
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On the Feasibility, by Means of Customs Duties, of an Entirely (or Almost Entirely) Made-in-the-USA Automobile
Didier Chambovey
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The Perils of Institutional Rigidity, or How the WTO Helped to Sow the Seeds of Trump
Judith Goldstein, Alan Sykes
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Patrick Low & George Riddell, Trump’s Trade Policy and the World Trade Organization
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Wolfgang Alschner, Recalibration, Shielding and Containment: How the World Trading System De-risks from China and the United States
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Joost Pauwelyn, How the US Reciprocal Tariff Plan May Save the Global Trading System
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Henry Gao & Weihuan Zhou, (When) Can Trade Wars Be Good?