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January 24, 2018

United States
Adjustment Is Hard, Especially if it Involves the Dollar Adjustment Is Hard, Especially if it Involves the Dollar

Trump’s tax cut has not, to date, unleashed a wave of global demand for U.S. dollar assets. In fact, the dollar weakened as prospects for the tax cut—and associated rise in the U.S. federal budget…

November 28, 2017

China
U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping in Beijing, China. Trump's Looming Hard Line on China

U.S. President Donald J. Trump’s first visit to Beijing was an exhibition of mutual flattery. China rolled out the red carpet for what it termed a 'state visit plus,' replete with unprecedented pomp …

May 25, 2018

Nonproliferation, Arms Control, and Disarmament
Reagan and Gorbachev shake hands after their talks in Reykjavik. Singapore and Reykjavik: The Perils of Summitry

The 1986 meeting in Iceland between U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev was like none other. It offers helpful context for a potential U.S.-North Korea arms control summi…

May 25, 2018

Iran
U.S. President Donald Trump speaks to reporters after signing a proclamation declaring his intention to withdraw from the JCPOA Iran nuclear agreement in the Diplomatic Room at the White House in Washington, U.S. May 8, 2018. The Complicated Geopolitics of U.S. Oil Sanctions on Iran

It is often said, perhaps with some hyperbole, that Iran’s nuclear deal with world powers was the best hope for conflict resolution in the Middle East. Its architect John Kerry argues instead that th…

May 25, 2018

India
Indian Prime Minister Narendra Modi and U.S. President Trump hold a joint news conferences at the White House. The U.S. Indo-Pacific Strategy Needs More Indian Ocean

Washington will need to identify and commit to specific goals in the Indo-Pacific if this geographic and strategic approach is to be successful.

May 24, 2018

Turkey
Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System Turkey Could Use a Few More Reserves, and a Somewhat Less Creative Banking System

Turkey’s currency initially rallied after the central bank raised interest rates yesterday. Perhaps a bit more orthodoxy is all it will take to restore a modicum of stability to Turkey’s markets. The…

May 24, 2018

North Korea
Cognitive Bias and Diplomacy with North Korea Cognitive Bias and Diplomacy with North Korea

Sungtae (Jacky) Park is a research associate at the Council on Foreign Relations. A version of this piece was first published on CSIS PacNet here. As the top-level summit between the United Sta…

May 22, 2018

Trade
Soybeans China Trump's China Deal is the Worst Ever

Accord focused on soybeans and gas does nothing about huge tech-sector challenges.

May 21, 2018

North Korea
North Korea’s May 16, 2018 Statements and Their Implications for a Trump-Kim Summit North Korea’s May 16, 2018 Statements and Their Implications for a Trump-Kim Summit

North Korean authorities issued two separate statements on May 16, 2018, that have been reported to cast doubt on prospects for the Trump-Kim summit scheduled to occur in Singapore on June 12. The st…

May 21, 2018

United States
Meeting the Challenge of Slow-Motion Crises

The United States faces three slow-motion crises—the future of work, climate change, and the federal debt—that we risk not tackling until it is too late.