Ladies and gentlemen, it is a pleasure to be here at the American Enterprise Institute. It is of course quite timely to be here on the day the Electoral College finally meets, given the AEI’s reputation as home to a number of advisers to President-elect George Bush. So much so...

The possibility of a grand bargain that would produce major trade liberalization in manufacturing, services and agriculture has steadily diminished and has now disappeared.

EU and the U.S. remain leaders of the world trading system, but for progress to occur in trade liberalization, the two entities must compromise on individual issues and agenda for trade talks.

Both the prime minister of India and President George W. Bush are for freer trade and are keen on the Doha deal.

It would be a mistake for the World Trade Organization to restart the multilateral trade negotiations.

The Obama administration will need to decide whether, on trade issues, it has now cast its lot with a coalition of pro-trade Republicans and internationalist Democrats, or whether it has pushed its labor allies as far as it dares.

Obama can follow the long tradition of U.S. presidents who turned from frustration at home to success abroad by resolving to conclude the World Trade Organization's Doha Round of global talks next year.

Rising protectionism is even worse than leading multilateral institutions say it is.