Trade

An aid worker measures a woman's temperature at the Kibera slum in Nairobi, Kenya, on March 18.

Africa Is Bracing for a Head-On Collision With Coronavirus

As the pandemic reaches the continent, countries from Morocco to Malawi are facing a health crisis and an economic shock.

Iranian firefighters disinfect streets in Tehran in a bid to halt the spread of the coronavirus on March 13.

The Coronavirus Crisis Is a Diplomatic Opportunity for the United States and Iran

Washington and Tehran could use the public health emergency to show goodwill, dial down tensions while saving face, and avoid a dangerous confrontation.

U.S. President Donald Trump announced a travel ban in a belated effort to contain the coronavirus whose outbreak is decimating the U.S. and global economies, Mar. 11, 2020.

Major Economies Face a ‘Sudden Stop’

Following Trump's European travel ban, Dow plunges 10 percent in the worst trading day since "Black Monday" 1987.

A medical worker measures body temperatures of motorists at the  Slovenian-Italian border crossing near Nova Gorica, Slovenia on March 11, after Slovenia's government announced it would close its border with Italy, hard hit by the outbreak of COVID-19.

The Coronavirus Is Killing Globalization as We Know It

The outbreak has been a gift to nativist nationalists and protectionists, and it is likely to have a long-term impact on the free movement of people and goods.

U.S. President Donald Trump and Britain's Prime Minister Boris Johnson at the NATO summit in Watford, England, on Dec. 4, 2019.

Trump and Johnson Can Quickly Strike a Trade Deal—If They Avoid the Pitfalls

The U.S. and Britain both want a trade agreement post-Brexit. China and chickens could get in the way.

A security guard wearing a face mask looks at his mobile phone in a closed Apple store in Beijing on Feb. 5.

Blindsided on the Supply Side

The coronavirus outbreak has shown that supply-chain disruptions could wreak far greater havoc on the global economy—and national security—than most CEOs and governments realize.

British Prime Minister Boris Johnson, peering over the bow of a trawler in Scotland on Sept. 6, 2019, made control of fisheries in Brexit a big part of his successful election campaign.

So Long, and Say Thanks for All the Fish

The post-Brexit talks between Britain and Europe could hinge on whether the U.K. really tries to “take control” of its fisheries—or if Europe keeps access to British waters.

A pedestrian wearing a face mask walks past a board displaying the Nikkei 225 Index on the Tokyo Stock Exchange on Feb. 25. Japan's stock market joined the global rout as fears of a prolonged economic hit from the coronavirus outbreak have chilled investor sentiment.

World Stock Markets Begin Betting on a Coronavirus Slowdown

Big declines in the United States, Europe, and Asia and an inverted yield curve indicate market players are starting to fear the worst.

Containers are transferred to trucks at the Port of Tokyo on Aug. 19, 2019. Japan’s trade surplus with the United States, like that of many other countries, has fueled U.S. President Donald Trump’s ire, though experts say trade balances are a poor metric to use.

What Trump Really Doesn’t Get About Trade

The U.S. president has disrupted the global economy for three years based on misguided notions about trade deficits. Now it’s Europe’s turn.

Participants check their messages on electronic devices during the World Economic Forum  annual meeting in Davos, Switzerland on Jan. 23.

Will American Firms Put America First?

The Davos-inspired era of unrestrained globalization is over, and companies should start putting the national interests of their home countries ahead of profits.

South Korea’s Hyundai

Coronavirus Begins to Spread Economic Gloom Worldwide

Supply chain disruptions are upsetting markets globally, but especially in Asia.

U.S. President Donald Trump attends a meeting with Indian Prime Minister Narendra Modi at U.N. headquarters in New York on Sept. 24, 2019.

Is Trump Putting U.S.-India Partnership at Risk Ahead of Visit?

By haggling over tiny trade issues, experts worry the Trump administration could weaken efforts to woo India as a strategic partner.

A view of Dongsi Shitiao crossroad in Beijing on Feb. 10. Many Chinese cities are nearly empty of cars and traffic in the wake of the virus outbreak.

Coronavirus Threatens to Blow Up Trump’s Energy Trade Deal With China

The goals were never realistic, but now Beijing has good reason to back away from its purchase commitments to Washington.

The Chairperson of the African Union, Moussa Faki Mahamat, speaking to the President of the European Commission, Ursula von der Leyen, during her visit to the African Union in Addis Ababa, Ethiopia, on Dec. 7, 2019.

It’s Africa’s Turn to Leave the European Union

The EU doesn’t treat the African Union as an equal partner. Unless the AU resets relations, it’s in for decades more of the same.

Chinese renminbi pictured on March 17, 2010.

Trump Opens a New Front in the Trade Wars

With a new currency rule, the U.S. president will try to fix the damage caused by the very tariffs he imposed. But he could end up wreaking more havoc.

A man begs for money in the snow along 42nd Street in Times Square in New York on March 21, 2018.

America Needs a New Economic Philosophy. Foreign Policy Experts Can Help.

The United States cannot get grand strategy right if it gets economic policy wrong.

China’s President Xi Jinping and Israel’s Prime Minister Benjamin Netanyahu shake hands ahead of talks at the Diaoyutai State Guesthouse in Beijing on March 21, 2017.

Can China Replace the United States in Israel?

Talk of new Chinese-Israeli trade deals points to more complicated relationships with Washington to come.

Investors look at a screen showing stock market movements at a securities company in Hangzhou in China's eastern Zhejiang province on Feb. 3.

Knock-On Effects of China’s Coronavirus May Be Worse Than Thought

China’s economy is bigger and weaker than during SARS, and ripple effects are already being felt across supply chains and in commodities markets.

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