Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technology, financial and, most importantly, the future
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As the postwar international order fragments and universal agreement becomes increasingly elusive, policymakers face a pressing question: what form of cooperation can replace the postwar hegemon-led, rules-based system? Dennis Snower examines two complementary answers
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Welcome to the WCR weekly update. World Commerce Review is the global trade and finance platform, discussing all things political, regulatory, technology, financial and, most importantly, the future
Read more
Liberation Day raised an immediate question in policy circles: would other countries follow suit? Barthélémy Bonadio, Andrei Levchenko and Nitya Pandalai-Nayar study the implications of the US withdrawal from free trade
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World Commerce Review is pleased to announce that Euro Exim Bank Limited has been awarded the WCR Best Trade Finance Bank 2026 for the seventh year running.
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Europe faces unprecedented geopolitical and economic challenges, including high dependencies on external providers for energy, technology, security, and financial infrastructure. Frank Elderson argues reducing these dependencies is essential for safeguarding the European way of life
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The WTO is experiencing a serious crisis arising from tensions that are internal to the global trading system. Ignacio García Bercero identifies four critical areas for WTO reform to reinforce the rules-based trading system
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The US–Iran relationship appears to be at its lowest point in decades. Simon Johnson and Amir Kermani describe how the twin blockades of the Strait of Hormuz create the possibility of a time-consistent agreement linking the nuclear issue, sanctions relief, and uninterrupted navigation
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Donald Trump’s 2025 tariffs were disruptive in the deepest sense. Richard Baldwin argues that while the old trading order was destroyed, a growing share of global commerce is drawn into existing regional trade arrangements, producing an emergent global trading order
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Can trade policy drive global climate action? Maximilian Fuchs and Camille Reverdy write that early experience of the EU carbon border adjustment mechanism shows trade can spread carbon pricing, but lower-income partners need support
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