The following is a guest post by , senior fellow for trade and international political economy, and , research associate for international economics, at the Council on Foreign Relations.On February 18, the European Commission a new European trade strategy. The announcement was expansive, covering everything from to . For those concerned about the health of the existing trade regime, however, the Commission’s most important comments were on the prospects for reforming the World Trade Organization (WTO).More on:The WTO has been in the clutches of a slow-moving crisis for years. At...…The following is a guest post by , senior fellow for trade and international political economy, and , research associate for international economics, at the Council on Foreign Relations.On February 18, the European Commission a new European trade strategy. The announcement was expansive, covering everything from to . For those concerned about the health of the existing trade regime, however, the Commission’s most important comments were on the prospects for reforming the World Trade Organization (WTO).More on:The WTO has been in the clutches of a slow-moving crisis for years. At...WW…