Trade

A truck transports a shipping container at a port in Zhangjiagang, China, on Aug. 7. (Johannes Eisele/AFP/Getty Images)

The Trade War Has Claimed Its First Victim

Tariffs from the United States, Canada, China, Mexico, and the EU may have damaged the WTO beyond repair.

Dollar and yuan notes are seen at a bank in Beijing on May 15, 2006. (China Photos/Getty Images)

China’s Dangerous Dollar Addiction

China pays for raw materials in greenbacks, but Trump’s trade war could soon dwindle its dollar reserves.

British Prime Minister Theresa May and Arlene Foster, the leader of the Democratic Unionist Party (DUP) visit Belleek Pottery, on July 19, 2018 in St Belleek, Northern Ireland. (Clodagh Kilcoyne - WPA Pool/Getty Images)

The Democratic Unionist Party Isn’t Bluffing on Brexit. It’s Being ‘Thran.’

The small Northern Irish party that props up the British government has a history of belligerence and brinkmanship. But ultimately it will blink.

The construction site of a nuclear reactor in Sanmen, Zhejiang province, China, on June 4, 2009. Almost 10 years ago, China began building new nuclear reactors with U.S. technology, and the first finally came online this week. (Feng Li/Getty Images)

Trump’s Latest China Salvo Could Hurt U.S. Nuke Industry

Administration says Beijing is diverting U.S. nuclear technology for military use.

An Iranian tanker and a South Korean tanker docking at the platform of the oil facility in the Khark Island, on the shore of the Persian Gulf on March 12, 2017.

The Road to Tehran Runs Through Oslo

Norway—and Oman—can help end the impasse over Iran sanctions by creating an externally-managed and guaranteed oil fund.

Members of Iran's Revolutionary Guards Corps (IRGC) march during a military parade in Tehran on Sept. 22.(STR/AFP/Getty Images)

Tougher U.S. Sanctions Will Enrich Iran’s Revolutionary Guards

As the economic noose tightens on the Iranian economy, smugglers will thrive and the IRGC will be the first to profit.

A panda sleeping at the Shenyang Forest Wild Zoological Garden in northeastern China on Dec. 30, 2017. (AFP/Getty Images)

Is the Trade War About to Become a Currency War?

Some experts figure Beijing might risk further driving down the renminbi against the dollar.

A U.S. Air Force F-22 Raptor fighter jet touches down at Gwangju Air Base in South Korea on Dec. 2, 2017. (Senior Airman Colby L. Hardin/U.S. Air Force/Getty)

Pentagon Accuses China of Dumping Products to Undermine U.S. Security

Study calls out Beijing for using underhanded trade practices that hurt the U.S. defense industry.

Conservative members of Parliament Jacob Rees-Mogg, Boris Johnson, and Peter Bone listen during the launch of "A World Trade Deal: The Complete Guide" at the Houses of Parliament on September 11, 2018 in London, England.

A No-Deal Brexit Will Destroy the British Economy

The magical wing of the Conservative Party believes that Britain can crash out of the European Union painlessly. It is leading the country into a recession.

U.S. President Donald Trump talks up the revised NAFTA deal from the Rose Garden of the White House in Washington on Oct. 1. (Jim Watson/AFP/Getty Images)

Is Trump Mainly Rebranding NAFTA?

The economic impact—and political future—of the '94 trade deal's successor is utterly unclear.

Steam and exhaust rise from different companies on a cold winter day on January 6, 2017 in Oberhausen, Germany.

The Paris Accord Won’t Stop Global Warming on Its Own

The world needs a new alliance of green economic powers to create a low-carbon economic zone.

Russian President Vladimir Putin gestures as he talks with Igor Sechin, the CEO of oil giant Rosneft, following his meeting with Italy's Prime Minister in Sochi on May 17, 2017. (Yuri Kadobnov/AFP/Getty Images)

New Sanctions Won’t Hurt Russia

Washington thinks punitive measures will change Moscow’s calculus, but the Russian economy is doing just fine.

U.S. President Donald Trump addresses the 73rd session of the United Nations General Assembly in New York on Sept. 25. (John Moore/Getty Images)

Trump Takes Aim at Iran, China, and the Global System in Big U.N. Speech

And draws a rare laugh from world leaders while boasting of his accomplishments.

U.S. natural gas cargoes, such as this shipment from Louisiana on Nov. 6, 2017, have increasingly gone to China but could be at risk from the trade war. (VCG/VCG via Getty Images)

Trump’s Trade War With China Could Hit Energy Exports

China places tariffs on natural gas, a fast-growing U.S. export.

Chinese shipping containers await transportation at the Port of Long Beach in California on July 12. (Frederic J. Brown/AFP/Getty Images)

Trump’s Trade War With China Is About to Get Supersized

Washington is levying more tariffs, leaving Beijing to retaliate in other painful ways, from Iran to North Korea.

The dollar’s dominant role in the global financial system, and thus U.S. sanctions power, is driving the search for alternatives. (Matt Cardy/Getty Images)

The Buck Stops Here: Europe Seeks Alternative to U.S.-Dominated Financial System

Germany and France complain that the U.S. is abusing sanctions power to bully even its allies.

U.S. President Donald Trump holds up a signed presidential memorandum aimed at what he calls "China's economic aggression" in Washington on March 22. (Mark Wilson/Getty Images)

The Lesson of Smoot-Hawley

On the podcast: The last big American trade war was in 1930. It ended badly for everyone.

Canadian Foreign Affairs Minister Chrystia Freeland arrives for a meeting in Washington with U.S. Trade Representative Robert Lighthizer to salvage NAFTA, on Aug. 30. (Jim Watson/AFP/Getty Images)

U.S. to Canada: Deal or No Deal?

As the deadline looms, here’s how the complicated NAFTA talks could play out.

A man poses with prints of the discontinued 500 and 1000 rupee notes in Mumbai on Nov. 20, 2016. 
(Indranil Mukherjee/AFP/Getty Images)

Don’t Buy the Panic About the Rupee’s Fall

A cheaper currency will help rebalance India’s massive trade deficit.

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