Economics

French Economy  Minister Bruno Le Maire addresses a conference  on February 15, 2018 at the Economy Ministry in Paris.

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The European Union needs to defend its economic sovereignty from U.S. overreach. Creating its own agency for sanctions enforcement would be a start.

German Chancellor Angela Merkel and Canadian Prime Minister Justin Trudeau attend a panel discussion titled 'Launch Event Women's Entrepreneur Finance Initiative' on the second day of the G20 summit on July 8, 2017 in Hamburg, Germany. (Ukas Michael - Pool/Getty Images)

The West Will Die So That Trump Can Win

America created the postwar order by delaying immediate economic gratification. Those days are over.

Donald Trump walks to the official G7 welcoming ceremony in La Malbaie, Quebec, Canada, June 8, 2018. (GEOFF ROBINS / AFP)

Trump’s Creative Destruction of the International Order

The global system was long overdue for a shake-up. Trump has been happy to oblige.

A skier wearing a cow costume arrives in the finish area before the second run of the women's slalom race at the FIS Alpine World Ski Championships in St. Moritz, Switzerland on Feb. 18, 2017. (Dimitar Dilkoff/AFP/Getty Images)

Justin Trudeau Is Running a Milk Racket

Trump is right: Canada's protectionist food policies rip the world off.

A coin for the upcoming US-North Korea summit is seen in Washington, DC, on May 21, 2018. (STR/AFP/Getty Images)

How North Korea Can Strike It Rich

Pyongyang's path to prosperity starts in Singapore.

G-7 leaders participate in a working session in Quebec, Canada, on June 8. (Ludovic Marin/AFP/Getty Images)

The United States and Europe Still Need Each Other

In the run-up to the G-7 summit, Trump seemed to forget a key lesson from history.

The men waging Trump’s trade wars (from left): Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer, and White House National Trade Council Director Peter Navarro, in the White House on March 8. (Chip Somodevilla/Getty Images)

Trump’s Steel Tariffs on Allies Complicate Bigger Problem: China

Angering Europe, Canada, and Mexico makes it harder to build a common front against Beijing’s trade abuses.

Teenagers from a boxing school take part in a training session in the Caspian Sea near Soviet oil rigs in the Azerbaijani capital Baku on June 27, 2015. (KIRILL KUDRYAVTSEV/AFP/Getty Images)

Why the West Needs Azerbaijan

There is only one way for vital Asian oil and gas resources to reach Europe without passing through Russia and Iran: through the narrow “Ganja Gap.”

Recep Tayyip Erdogan, flanked by his deputy Ali Babacan and Central Bank Governor Erdem Basci with the symbol for the national currency, the Turkish lira, during a ceremony in Ankara, on March 1, 2012. (ADEM ALTAN/AFP/Getty Images)

Erdogan Is Failing Economics 101

Turkey’s president has made a huge bet that he's right and all of the world’s economic experts are wrong.

Central American migrants enter the El Chaparral border crossing in Tijuana, Baja California, Mexico, on April 29. (Guillermo Arias/AFP/Getty Images)

Jobs and Opportunity Are the Only Path to Peace in Central America

The United States must foster free trade and economic growth in Honduras, Guatemala, and El Salvador, or the vicious cycle of violence will persist.

A Ford factory in Kentucky on Oct. 27, 2017. Ford invested in factory upgrades to make all-new, heavier vehicles for a booming U.S. market. (Bill Pugliano/Getty Images)

Trump Dials Up the Trade War to 11

Citing national security concerns, the Trump administration could slap tariffs on autos from friends and allies. They’re not thrilled.

U.S. President Donald Trump (R) and German Chancellor Angela Merkel (L) hold a joint news conference at the White House on April 27. (Photo by Alex Wong/Getty Images)

Can the U.S.-Europe Alliance Survive Trump?

Europe and the United States have quarreled before. This time, it’s serious.

Chinese President Xi Jinping and Russian President Vladimir Putin at the West Lake State Guest House on Sept. 4, 2016 in Hangzhou, China. (Wang Zhou - Pool/Getty Images)

China Has Decided Russia Is Too Risky an Investment

The economics of a major oil deal seemed to make sense. But when energy companies are arms of the state, economics aren't the only factor.

U.S. President Donald Trump reinstates sanctions on Iran, after announcing his decision to withdraw the United States from the 2015 Iran nuclear deal, at the White House on May 8. (Chip Somodevilla/Getty Images)

Leaving the Iran Nuclear Deal Will Have Unintended Consequences

Trump's actions may ultimately weaken the strength of sanctions as a tool of U.S. statecraft.

Students protest at the University of Tehran during a demonstration driven by anger over economic problems on Dec. 30, 2017. (Stringer/AFP/Getty Images)

The United States Should Seize on Iran’s Currency Crisis

An anti-regime alliance of rich and poor could be the key to ending clerical rule.

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