Introduction: A Global Emergency
Part I: Threats to the Rules-Based Trading System, and its Staying Power
Chapter 1: The WTO at the Crossroads
Chapter 2: The Persistence of Globalization
Chapter 3: The Resilience of Global Value Chains
Chapter 4: Protectionism Contained – For Now…
Part II: Fragmentation and its Consequences
Chapter 5: The Preferential Trend
Chapter 6: The Shape of Fragmentation
Part III: The Centrality of China-US Relations for the Survival of the Rules-Based Trading System
Chapter 7: How the United States Created the Rules-Based Trading System and Changed its Mind
Chapter 8: The Trump-Biden Trade Policy
Chapter 9: Does China Fit?
Chapter 10: China’s Trade Policy
Part IV: The Policy Agenda
Chapter 11: Preserving The Trading System
Conclusion: The Tortuous Road Ahead