President Trump asserts that the U.S. economy is a disaster and that he alone can fix it. The truth is that the U.S. economy is doing better than most Americans realize, and activist attempts to fix what ain’t broke are one of the gravest threats to it. What’s at stake is not simply that the president is vague or wrong about the facts. It’s that bad facts make for bad policy.
Benn Steil and Emma Smith show how China mirrors the U.S. “exorbitant privilege” from minting the world’s primary reserve currency. While the United States is deeply indebted to the rest of the world, it still earns far more abroad than it pays out. China, in contrast, has become the world’s largest creditor while paying foreigners far more than it receives. Steil and Smith argue that China is making itself vulnerable to financial crisis by massively subsidizing its geostrategic objectives.
Prime Minister Netanyahu is visiting Washington this week. In The Weekly Standard, Elliott Abrams discusses how he and President Trump will handle Jerusalem, Iran, and the "peace process" when they meet.
During Barack Obama’s presidency, Republicans complained, with good reason, about the Potomac River-wide gap between the president’s words and his actions — in particular about his failure to enforce the “red line” over chemical weapons use in Syria. But under Donald Trump the gap has expanded to the size of the Grand Canyon — large enough to swallow his presidency and the country’s international reputation with it.
The battle over the Trump administration’s executive order on immigration raises weighty constitutional questions involving presidential power and the judiciary’s role in national security, explains expert Cristina Rodriguez.
The United States has long accepted refugees from around the world, but President Donald J. Trump’s executive order on immigration has sparked debate over the national security implications of the U.S. refugee program.
Donald Trump came to Washington determined to shake up America’s economic relations with the world, to pursue what he has unapologetically called an “America first” strategy “to benefit American workers and American families." At the heart of that strategy is restoring manufacturing to its former glory, writes Edward Alden.
Over the course of the next four years, President Donald Trump’s administration will likely have to contend with Russian influence operations, Chinese cyber espionage, Iranian subterfuge, fights over appropriate use of encryption, data localization, and attracting technical talent to protect U.S. networks. Successfully meeting these challenges will require policy changes and deft maneuvering, write CFR's Alex Grigsby and Adam Segal.
Learn more about CFR’s mission and its work over the past year in the 2016 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »