How the US Reciprocal Tariff Plan May Save the Global Trading System

Joost Pauwelyn

World Trade Review, 2025, vol. 24, issue 4, 509-514

Abstract: The US plan to impose reciprocal tariffs is a game changer. If you ask The Economist, Trump's tariffs ‘really mean chaos for global trade’. If managed well, the opposite could be true: it could be the largest round of trade negotiations since the creation of the World Trade Organization (WTO) and a much-needed rebalancing of global trade relations to catch up with fundamental changes that occurred, but remained unaddressed, for close to a quarter century.

Date: 2025
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