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May 24, 2024

RealEcon
Weighing Biden’s China Tariffs

Global risks–including Chinese overcapacity–have increased, but government intervention should seek to minimize trade-offs.

The truck cab is lowered on the frame of Ford Motor Co. battery powered F-150 Lightning trucks under production at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 20, 2022. - Construction crews are back at Dearborn, remaking Ford's century-old industrial complex once again, this time for a post-petroleum era that is finally beginning to feel possible. The manufacturing operation's prime mission in recent times has been to assemble the best-selling F-150, a gasoline-powered vehicle

April 1, 2024

Trade
U.S. Trade Policy Is at a Crossroads

Biden’s trade agenda is trying to tackle climate change, domestic jobs, and great power competition, but trade-offs are inevitable. A clear vision on priorities is essential. 

BRADDOCK, PENNSYLVANIA - MARCH 20: A general view of the exterior of the U.S. Steel Edgar Thompson Works, on March 20, 2024 in Braddock, Pennsylvania. Nippon Steel has said that it would relocate its U.S. headquarters from Houston to Pittsburgh, where U.S. Steel (X.N) is located, if their acquisition deal goes through.

September 18, 2023

Climate Change
The Energy Transition Is Fueling a Power Transition

Gender equality is a crucial missing piece of the climate puzzle. If governments want a fighting chance of reducing greenhouse-gas emissions and shifting to renewable energy, they must give women mor…

Women collect vegetables from a farm in Keraniganj, near Dhaka, Bangladesh, January 12, 2022.

December 20, 2022

Japan
How Japan Is Doubling Down on Its Military Power

Japan’s new national security strategy and related defense plans herald a major military modernization effort in response to perceived threats in Northeast Asia, particularly China.

Military vessels sail in Sagami Bay during the International Fleet Review, held by Japan's Maritime Self-Defense Force.

September 23, 2022

Iran
The Islamic Republic’s Power Centers

Who calls the shots in Iran on economic policy, security, and domestic calls for reform? A look at the government’s organization chart indicates how complicated the answer is.

Close up of Iran's Supreme Leader Ali Khamenei giving an address

May 8, 2024

RealEcon
In Economic Security, Trade-Offs Abound

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

(L-R) European Council President Charles Michel, Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo during a visit to the Itsukushima Shrine in Miyajima Island as part of the G7 Leaders' Summit, on May 19, 2023.

August 23, 2021

Middle East and North Africa
Iraq Is the Middle East’s New Power Broker

After decades of offering only chaos, Baghdad is trying to become a leading force in the region. 

U.S. President Joe Biden Speaks with Iraq's Prime Minister Mustafa Al-Kadhimi during a bilateral meeting in the Oval Office at the White House in Washington, U.S., July 26, 2021.