The Donald J. Trump administration should place energy-sector reform at the center of its relationship with Ukraine. Doing so would constitute a low-risk, high-reward strategy for Washington to counter Moscow’s influence at the NATO border.
The U.S. Department of the Treasury should transform its foreign currency report so it can be used as a tool to combat currency manipulation. This would be an important step toward a more balanced global economy with fewer persistent deficits and surpluses.
A new wave of energy innovation is remaking the transportation, electricity, and manufacturing sectors. This so-called fourth industrial revolution is already creating great uncertainty about the future energy landscape, lessening common interests between oil-producing nations and the world’s largest economies.