The Bush administration was both a lame duck and deeply unpopular abroad. The international reputation of the United States was still reeling from the Iraq war. Tensions had escalated with China due to its undervalued exchange rate. Even trade was not going well, as the Doha Round of WTO negotiations had collapsed into acrimony in July. To its credit, the U.S. administration overcame all those obstacles to put together a Washington summit that ultimately helped the trading system survive.