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June 21, 2024

Trade
What Are Tariffs?

U.S. Presidents Trump and Biden have both turned to tariffs to support local industries amid economic confrontation with China. Here’s how these taxes work and how they’ve been used historically.

A red-helmeted worker lays steel at a factory.

August 15, 2024

Cybersecurity
Cyber Week in Review: August 15, 2024

Trump campaign hacked; Huawei introduces new microchip; FBI takes down ransomware group; UN committee passes cybercrime treaty; Indian government withdraws broadcast bill.

Supporters of Samajwadi Party, a regional political party, shout slogans as they celebrate on the day of the general election results, in Lucknow, India on June 4, 2024

August 15, 2024

China Strategy Initiative
The US Needs More than a Critical Minerals Stockpile, It Needs Market Infrastructure

Last month, Ganfeng Lithium, China’s largest lithium producer and refiner, announced plans to establish a $1.1 billion trading desk “to reduce the risk of market fluctuations” associated with its gro…

Employees monitor screens showing real-time footages of mining operations in a ground control centre, at Xiaobaodang Coal Mine, during a Huawei-organised media tour, in Shenmu of Yulin city, Shaanxi province, China April 26, 2023. REUTERS/Tingshu Wang

July 25, 2024

United States
Biden’s Legacy: Major Accomplishments but Unfinished Business

President Joe Biden ends his bid for reelection having revived American leadership in Asia and Europe and secured significant investments in the domestic economy, but his achievements will only last …

President Joe Biden addresses the nation from the Oval Office about his decision to drop his reelection bid.

July 22, 2024

Trade
Toward a More Prosperous, Less Polarized, Worker-Friendly Economy

The United States has long relied on tax-and-transfer programs to address the problem of inequality, but these have failed signally to mitigate growing societal polarization. A new approach to econom…

High angle view of workers holding American flag in factory.

July 10, 2024

Latin America
Stagnant Urban Productivity Stunts Latin America’s Economic Growth, Plus Chinese Lenders Turn Away From Latin America

Stagnant urban productivity stunts Latin America’s economic growth; Chinese lenders turn away from Latin America.

Photo of Bogota, Colombia

March 25, 2024

India
The Indian Giant Has Arrived

With India's development continuing to gain steam, one of the biggest challenges will be to avoid the mistake that others have made when they failed to recognize their newly acquired global systemic …

Sitaraman

August 26, 2024

China
The IMF’s Latest External Sector Report Misses the Mark

The IMF should take a mulligan on the 2024 External Sector Report. The imbalance in China’s goods trade is expanding, not receding. It is too big for the IMF to ignore.

The IMF’s Latest External Sector Report Misses the Mark

August 26, 2024

South Korea
A Diplomatic Early Warning: Resolving the Recurring Historical Grievance Litigation Between South Korea and Japan

South Korea and Japan’s leaders must develop creative policies to resolve recurring historical grievance litigation.

Defense ministers of Korea, Japan, and the United States wear black suits while shaking hands in front of a table with documents and small flags.

June 14, 2024

Labor and Employment
Labor Unions Are Getting Stronger. What Does That Mean for the U.S. Economy?

Organized labor saw a historic resurgence in activity in 2023. Shifting U.S. trade policy under both Presidents Donald Trump and Joe Biden could continue to prioritize workers regardless of who wins …