Economics

Johannes Eisele/AFP/Getty Images/Foreign Policy illustration

State of the Trade Wars

Tracking U.S. President Donald Trump’s tariffs — and the retaliatory measures other countries are taking.

Indian farmers, traders and vendors negotiate prices of vegetables at a wholesale vegetable market in Hyderabad on February 1, 2018.
(NOAH SEELAM/AFP/Getty Images)

India Is the Latest Front in Trump’s Endless Trade War

Modi’s soft approach is getting nowhere with a hard-line Washington.

People in Tehran check their mobile phones as they wait in the streets after an earthquake near Iranian capital on Dec. 21, 2017. (Atta Kenare/AFP/Getty Images)

Iran’s Ban of Messaging App Hurts Economy at Pivotal Moment

Rights group says app was widely used by businesses and even government offices.

A cargo ship at a port in Qingdao, China on March 8. (AFP/Getty Images)

Trump’s Trade Wars Prompt Congressional Pushback

As the U.S. trade war with China escalates, a growing number of GOP lawmakers want final say on tariffs.

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

OFAC Off

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.

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