Foreign Affairs: Lael Brainard on Shifts in Trade Policy

As U.S. economic policy reshapes global markets, Psaros Distinguished Fellow Lael Brainard is discussing how recent shifts in trade policy, the use of tariffs, challenges to Federal Reserve independence, and questions around how the dollar’s global role could affect U.S. economic power over the long term.

In a recent conversation with Dan Kurtz-Phelan, Brainard looked beyond the immediate consequences of the current economic agenda to examine its lasting implications for American prosperity and global leadership. She underscored not only the risks posed by today’s policy environment, but the broader reforms necessary to sustain U.S. economic success in the decades ahead.