Trade

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.

Air passengers wearing protective suits walk out of the arrival lounge of Netaji Subhas Chandra Bose International Airport in Kolkata, India, on July 6.

Trapped on the Wrong Side of the India-China Border

From a pandemic to geopolitics, for families and businesspeople caught by border closings, things are going from bad to worse.

Mexican President Andrés Manuel López Obrador speaks with the press on November 13, 2019 in Mexico City.

López Obrador Goes to Washington to Play Nice With Trump

Once an anti-Trump firebrand, the Mexican president knows he needs his U.S. counterpart—and isn’t taking any chances on the November election.

Boycott China Goods India

Why a Trade War With China Is a Bad Idea for India

New Delhi risks responding to a deadly border skirmish by making its economy more insular. Few things would benefit Beijing more.

European Commission President Ursula von der Leyen speaks during a news conference following a virtual summit with Chinese President Xi Jinping in Brussels on June 22.

How Europe Fell Out of Love With China

EU officials speak increasingly of Beijing as a rival, not a partner. But unlike Trump, they don’t yet want a divorce.

Pedestrians are reflected in a window displaying currency exchange rates in the Iranian capital Tehran on June 22.

The East Fails Iran

Tehran pinned its economic hopes on China, India, Japan, and South Korea. But those countries have largely left the country to ruin.

Chinese Vice President Wang Qishan and Israeli Prime Minister Benjamin Netanyahu during their tour of the Israeli Innovation Summit in Jerusalem, Oct  24, 2018.

Why the U.S. Can’t Get Israel to Break Up With China

For most Israelis, the deals are enticing and the threat seems remote.

(From L) European Commission President Jean-Claude Juncker, Chinese President Xi Jinping, French President Emmanuel Macron and German Chancellor Angela Merkel hold a press conference in Paris on March 26, 2019.

Europe Must Stand Up to China Before It’s Too Late

The EU must defend its values rather than caving to economic pressure from Beijing.

European Commission chief negotiator Michel Barnier slams Britain for “backtracking” on its commitments after another fruitless round of talks, at a press conference in Brussels on June 5.

No-Deal Brexit Looks Likelier Than Ever After the Pandemic

The U.K. and EU still find themselves far apart on crucial issues—with time running out.

U.S. President Donald Trump, alongside Secretary of State Mike Pompeo

China Puts the Final Kibosh on Trump’s Trade Deal

By reportedly halting major agricultural purchases, Beijing makes it likely U.S.-China relations will dramatically worsen.

Shipping containers at the Port of Los Angeles

All Roads to a Better Trade Deal Lead Through the WTO

In Washington, efforts to withdraw from the trade body are gaining momentum. That would be a big mistake.

Republican Sen. Josh Hawley, who is leading the charge to pull the United States out of the World Trade Organization, speaks to the press at the U.S. Capitol on Jan. 30.

U.S. Effort to Depart WTO Gathers Momentum

Both political parties are demonizing the world trade body, but many experts warn that such a move could seriously set back U.S. power and prestige.

A worker assembles a car at the newly renovated Ford Assembly Plant in Chicago, on June 24, 2019.

No, the Pandemic Will Not Bring Jobs Back From China

The Trump administration says manufacturing jobs are coming home. The facts tell another story.

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