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March 12, 2019

United States
Inequality and Tax Rates: A Global Comparison

With economic inequality at an all-time high, some U.S. presidential candidates are proposing dramatic shifts to the U.S. tax code. How have similar plans worked elsewhere in the world?

IRS

July 27, 2022

North Korea
What to Know About Sanctions on North Korea

World powers continue to punish North Korea with economic sanctions, but the pressure has so far failed to push Pyongyang toward denuclearization.

A woman works at a textile mill in Pyongyang, North Korea.

June 10, 2022

World Trade Organization (WTO)
What’s Next for the WTO?

President Trump’s decision to levy tariffs on China highlights concern about the ongoing role of the WTO and the future of global trade rules.

WTO Meeting, Geneva Switzerland

October 8, 2021

Trade
The Truth About Tariffs

Tariffs have been applied over the years to protect homegrown industries and target competitors who are seen as using unfair trade practices. They impose costs on both importers and exporters and had been in decline until the recent U.S.-China trade war.

A steelworker tests a sample of steel at an Indiana mill in March 2018.