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September 30, 2024

United States
Will a Worker Shortage Kill the U.S. Manufacturing Boom?

The United States is witnessing a boom in manufacturing investment, stimulated by massive government subsidies, but the skilled workforce necessary to support it is severely lacking.

Will a Worker Shortage Kill the U.S. Manufacturing Boom?

April 1, 2025

Trade
What Are Tariffs?

President Donald Trump has begun his second term imposing tariffs against some of the United States’ leading trading partners to correct what he says are decades of imbalances harmful to the U.S. eco…

A red-helmeted worker lays steel at a factory.

March 4, 2025

Taiwan
Unpacking TSMC’s $100 Billion Investment in the United States

TSMC’s $100 billion will significantly boost America’s semiconductor manufacturing industry but how it will shape US-Taiwan relations is an open question.

C.C. Wei, Chairman and CEO of TSMC, speaks next to U.S. President Donald Trump and Commerce Secretary Howard Lutnick, as they make an announcement about an investment from Taiwan Semiconductor Manufacturing Company (TSMC), in the Roosevelt Room at the White House in Washington, D.C., U.S., March 3, 2025.

March 10, 2024

China
China’s Record Manufacturing Surplus

The U.S. likes talking about the dominance of the dollar. But don’t short-change China’s current dominance of manufacturing trade. Trade imbalances need to be taken seriously again.

Manufactured Goods Surpluses

March 25, 2025

Economics
American Views on Economic Leadership

CFR’s RealEcon team traveled across the country to ask Americans what they think of trade, aid, and other international economic policies.

Two men in hard hats and protective glasses on a factory floor.

May 22, 2024

China
Advanced Manufacturing to be a Focus of China’s July Party Plenum

China's third plenum will likely emphasize manufacturing as a tool to remedy domestic economic problems, which may run the risk of heightening tensions with its trading partners.

A worker inspects batteries for electric vehicles being manufactured at a factory in Dongguan, China.

March 28, 2025

Public Health Threats and Pandemics
Fentanyl and the U.S. Opioid Epidemic

Opioid addiction has become one of the United States’ biggest killers, endangering public health, the economy, and national security. But closing the floodgates on fentanyl poses a significant foreig…

Photos of fentanyl victims are on display at The Faces of Fentanyl Memorial at the U.S. Drug Enforcement Administration headquarters.

February 11, 2025

India
India’s Industrial Policies: Rejecting the Old Status Quo and Creating the New

India’s industrial policy mirrors the global rise of protectionist norms. But these measures not only often violate WTO norms and lead to trade disputes, they have also not achieved India's goal of b…

Hyundai i10 cars are assembled at a plant of Hyundai Motor India Ltd in Sriperumbudur Taluk in the Kancheepuram district of the southern Indian state of Tamil Nadu. REUTERS/Babu 

February 23, 2025

China
Xi is Making the World Pay for China’s Mistakes

My recent essay in the New York Times argues that China’s rising surplus in manufactures is a real threat to the global economy. 

July 15, 2024

Ukraine
Coming to Ukraine’s Defense: Leveraging the European Investment Bank for Ukrainian Drone Manufacturers

Enhancing support for Ukraine’s military and defense industrial base is top of mind at the NATO Summit last week, especially if the United States should step back after the presidential election. Des…

The logo of the EIB is pictured in the city of Luxembourg