Massive government spending in semiconductors and climate threatens to provoke a costly trade war; a new set of rules could change that.

The thousand-page CHIPS bill avoided a new screening procedure for U.S. investments abroad, but it signals how industrial policy will likely be used to discourage American companies from investing in…

A historic mission to facilitate global commerce is out of step with the times.

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 …

National security policymakers are understandably worried about economic risks, but they shouldn’t lose sight of other national interests.