In the light of renewed economic nationalism spurred by the Trump Administration’s “Liberation Day”, global trade is undergoing a seismic shift. Newly imposed tariffs, retaliatory measures, and strategic decoupling—particularly between the United States and China—have resulted in uncertainty in global markets. This committee aims to tackle the evolution of international trade law to address the new global economic order.

Subtopic A: Protectionism, Strategic Goods, and Economic Sovereignty

The committee will explore the surge in economic nationalism and its consequences on the global economy. Delegates will examine trade policies targeting strategic sectors such as semiconductors, rare earth minerals, agricultural goods, and electric vehicles, considering how nations can maintain economic sovereignty while preserving supply chains. With a focus on addressing the “Liberation Day” tariffs recently imposed by the United States, delegates will be expected to debate potential pathways for deescalation, dispute resolution, and/or reciprocal policy measures. 

Subtopic B: Reforming Global Trade Institutions and Aligning Trade with Sustainability Goals

Delegates will discuss the future of multilateral institutions such as the WTO, whose dispute resolution functions have faltered under mounting geopolitical tensions. The committee will also focus on the integration of climate policy into trade frameworks–including the legality and equity of carbon border adjustment mechanisms—and how international trade agreements may promote environmental responsibility. Delegates are encouraged to explore how new trade partnerships, regional agreements, and diversified supply chains can contribute to improved global trade stability.