Trade

A worker presents a domestically developed chip at the stand of China Electronics Technology Group Corp. during the China International Semiconductor Expo in Shanghai on Oct. 14.

U.S. Plan to Save Semiconductors Misses the Mark, Defense Firms Say

Companies that make microelectronics for the Pentagon argue that the current bill could maintain U.S. defense dependency on China rather than fix it.

Then-Canadian Foreign Minister Chrystia Freeland speaks at the Canadian Embassy in Washington, D.C., on Aug. 31, 2018.

The Canadian Women Who Changed Trump’s Mind on Tariffs

Chrystia Freeland, Mary Ng, and Kirsten Hillman got the White House to do something rare: back down.

Fishermen work aboard the Good Fellowship fishing trawler in the North Sea, off the coast of North Shields, in northeast England on Jan. 21.

Why Fishing Could Sink Britain’s Brexit Deal With Europe

Diplomatic battles over fish stocks—and the future of struggling coastal communities—threaten to drag the U.K.-EU relationship onto the rocks.

U.S. President Donald Trump exits Marine One on the South Lawn of the White House in Washington on Oct. 1.

Our Top Weekend Reads

Trump is a pariah for top security experts, Biden won’t end U.S. trade wars, and Saudi Arabia’s bid to rejoin the U.N. Human Rights Council.

The German container ship Bremen Express prepares to dock in Miami on June 10, 2019.

No, Biden Will Not End Trade Wars

Biden has matched Trump’s rhetoric on trade soundbite for soundbite, and his economic plans are likely to make trade conflicts worse.

Israeli and United Arab Emirates flags line a road in the Israeli coastal city of Netanya on Aug. 16.

How ‘Free Zones’ Became the Middle Eastern Diplomacy Tool of Choice

The special economic zones are meant to quietly bring countries together before more public realignments. But do they?

A demonstrator holds a U.S. dollar bill burned during a protest of the annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 30, 2010.

Global Capital Is the Tail That Wags the U.S. Economic Dog

Economists have long imagined that the free movement of capital around the world benefits the U.S. economy. It doesn’t.

Iranian President Hassan Rouhani (left) greets Venezuelan President Nicolas Maduro before the opening ceremony in the Non-Aligned Movement summit in Venezuela, on Sept. 17, 2016.

Sanctions Are Driving Iran and Venezuela Into Each Other’s Arms

Maximum pressure has not destroyed the Iranian economy, and Tehran is now sharing its lessons in resilience with Nicolás Maduro’s beleaguered regime in Caracas.

German Chancellor Angela Merkel is shown during a video meeting with Chinese President Xi Jinping in Berlin on Sept. 14.

China Is Merkel’s Biggest Failure in Office

The German chancellor has put future deals over moral values, but she’s not alone.

The logo of Chinese video app TikTok is seen on the side of the company's new office space at the C3 campus on August 11, 2020 in Culver City, California.

Chinese Acquisitions of Western Firms Threaten National Security

If the invisible hand won’t produce buyers at home, governments will need to step in.

Chinese President Xi Jinping shakes hands with Indian Prime Minister Narendra Modi at the G20 Summit on September 4th, 2016, in Hangzhou, China.

India Doesn’t Want to Be a Pawn in a U.S.-China Great Game

Beijing’s belligerence is driving New Delhi closer toward Washington—but with strings attached.

An aerial view of Marathon Petroleum's refinery in Carson, California, on April 22.

How Biden Could Use Trump’s Trade War Thumbscrews to Fight Climate Change

Fortunately for supporters of aggressive action on global emissions, Trump has demonstrated a highly effective way to circumvent the legislative process.

A livestock market in Hargeisa, Somaliland, on Aug. 18, 2018.

Why a Quiet Hajj Is Hurting Somalia

Somalia usually sells millions of animals to Saudi Arabia to feed pilgrims. This year, it has nowhere to send its goats.

A homeless man panhandles along a street in Lawrence, Massachusetts, on Aug. 16.

To Avoid a Coronavirus Depression, the U.S. Can’t Afford to Alienate the World

America needs a cooperative global economy to dig itself out of the downturn. That will require deft economic diplomacy, not bluster and bullying.

U.S. Secretary of State Mike Pompeo

Pompeo’s Strategy Depends on Beijing’s Own Paranoia

The U.S. secretary of state is raising the temperature with China to force decoupling.

Freight trucks arrive at the Port of Dover before departing by cross-channel ferry in Dover on the south coast of England on July 12.

How to Deglobalize

In the midst of the COVID-19 pandemic, politicians are calling for a rethinking of global supply chains. If they are serious, they’ll need to proceed carefully.

A view of the Airbus A380 assembly site in Blagnac, southern France, on March 21, 2018.

Trump Is Escalating the Trade Fight With Europe—and There’s No Easy Way Out

Not even a Biden victory would heal the wounds in the U.S.-EU relationship.

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