Last week, during a press conference in Abuja, Nigerian President Muhammadu Buhari said he would “soon sign” the agreement creating the African Continental Free Trade Area, or ACFTA. His vow came nearly four months after the agreement was unveiled, and Buhari offered an unusual explanation for the delay. “I am a slow reader, maybe because I was an ex-soldier,” he said. “I didn’t read it fast enough before my officials saw that it was all right for signature.” That may well be true. But it’s also true that Buhari had come under pressure from the man standing next to him [...]
President Donald Trump’s summit in Helsinki with his Russian counterpart, Vladimir Putin, will almost certainly be a watershed moment in his presidency. Trump’s refusal to publicly hold Putin and Russia accountable for the unraveling of bilateral ties since 2014—most prominently, his equivocating response to a question about Russian meddling in the 2016 presidential election—has generated widespread public outrage, even among Trump’s most vocal supporters in the media and political classes. What remains to be seen is how that backlash affects his domestic base of political support. Will the Helsinki summit prove to be Trump’s “emperor has no clothes” moment, when [...]
For decades American presidents pursued multilateral trade agreements and supported international institutions that bolstered liberal trade policies around the world because they believed it was in the United States’ interest to do so. Yes, multilateral trade rules and institutions are relatively more beneficial for smaller, less powerful countries that cannot take on the United States or European Union on their own. And, yes, the rules under the World Trade Organization, or WTO, constrain the United States’ freedom of action, as did the predecessor arrangement, the General Agreement on Tariffs and Trade, or GATT. Yet U.S. presidents going back to Harry [...]
