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May 14, 2024

RealEcon
On to Wisconsin: RealEcon Visits the Badger State

From ginseng farms to food-processing facilities, Wisconsin businesses shine light on how trade policy and foreign investment impact rural America.

Darin Von Ruden, the owner of the Von Ruden's Organic Dairy Farm walks on his farm in Westby, Wisconsin, on October 3, 2020. - In western Wisconsin, where family-run dairy farms dot the rolling green hills and eagle-watchers peer into the sparkling marshland, signs for Donald Trump and Joe Biden stand directly across each other on neighbors' yards. In a polarized United States where Democrats and Republicans increasingly self-segregate, this stretch of the Upper Midwest alongside the Mississippi River looks

May 9, 2024

Ukraine
How Much U.S. Aid Is Going to Ukraine?

Nine charts illustrate the extraordinary level of support the United States has provided Ukraine in its war against Russian invaders.

A Ukrainian serviceman carries an artillery shell.

May 16, 2024

Thailand
Thailand’s Government Promised Change. It’s Delivering Chaos

The government of Prime Minister Srettha Thavisin has done little to address Thailand’s pressing issues, and now, after a Cabinet reshuffle and high-profile resignations, it seems to be in chaos.

The government of Prime Minister Srettha Thavisin has done little to address Thailand’s pressing issues, and now, after a Cabinet reshuffle and high-profile resignations, it seems to be in chaos.

May 10, 2024

Asia
What a Second Trump Term Could Mean for Southeast Asia

His aggressive stance toward China could force many in the region to pick a side.

Personal aide John McEntee directs U.S. President Donald Trump as he participates in the U.S.-ASEAN Summit in Manila,

February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

January 22, 2024

Trade
The Curse of Nostalgia: Industrial Policy in the United States

A critical look at the past and present of industrial policy shows that its recent popularity is not only misguided, but is likely to have negative economic and geopolitical consequences for the Unit…

President Joe Biden signs the Inflation Reduction Act in the State Dining Room of the White House in Washington on August 16, 2022.

April 1, 2024

RealEcon
Leadership Starts With Listening

Building a durable consensus for U.S. economic leadership requires listening to what Americans think. The first stop in the RealEcon team's listening tour was Florida.

Matthew Goodman meets with students from

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.

April 1, 2024

RealEcon
Policymaking Is All About Trade-Offs

In crafting a new international economic policy that works for Americans and advances U.S. interests, policymakers will have to weigh multiple trade-offs.

San Diego, California, USA - October 8, 2015: British Airways Boeing 777 flying over crowded freeway to land at Lindberg Field San Diego International Airport.

April 15, 2024

RealEcon
Weighing the Pros and Cons of Global Trade Leadership

Under Biden and Trump, the U.S. has broken from its long-standing free trade policy. CFR trade experts assess whether the rules-based trading system is worth saving.

A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022.