Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? 

Progressive values shaped the postwar international economic system that has procured the benefits of globalization and trade. Will U.S. policymakers remember?

Despite the destabilizing effects of his economic and foreign policies, as well as a major election loss, President Erdogan shows no sign of interest in course correction.

The European Union’s governing bodies could see a significant shake-up as millions of voters head to the polls across the twenty-seven-member bloc, with consequences for transatlantic ties.

With new sources of uncertainty proliferating by the day, the world should brace for a broad economic slowdown or, at minimum, a lengthy period of slower growth.

Israel has long been the leading recipient of U.S. foreign aid, including military support. That aid has come under heightened scrutiny amid Israel’s monthslong war to eliminate Hamas.

Europeans consider vast U.S. subsidies for cars, clean energy, and semiconductors a danger to their economies.