In this issue of our Globalization outlook:

• Many in the free trade world are calling for the West both to cooperate and compete with China. That’s much easier said than done
• Ignore fundamentals; re-write the WTO rule book; or embark on a prolonged war for supremacy – these are the only real choices
• The US political landscape has forces that are pushing for and forces pushing against an early US-China trade deal
• Japan, France and Germany: some setbacks for multilateralism
• New IEA report explains the benefits of free trade but does not address some of the more challenging issues