The political environment in Washington presents a golden opportunity to reorganize how the federal government crafts and implements international economic policy. The conditions are right to consolidate many of the nation's now-scattered economic and trade functions into a new, cabinet-level U.S. Department of Economic, Industry, and Trade Affairs. The department would combine many functions of the Department of Commerce, the Office of the U.S. Trade Representative (USTR), and other economic- and trade-related agencies to create a powerful cabinet voice for U.S. economic interests. And its creation would reduce the size of government in this broad area.
展开▼
