![](https://eastasiaforum.org/wp-content/uploads/2024/06/2023-07-16T035654Z_493215232_RC2242A4ZWRQ_RTRMADP_3_NEWZEALAND-TRADE-CPTPP-scaled.jpg)
Filling the US-shaped hole in world trade
The world trade system has been challenged by tariff increases introduced by former US president Donald Trump and maintained by President Joe Biden, and by both candidates’ commitments to increase US tariffs further after the 2024 US election. Both …