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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.

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.

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

June 10, 2015

Fossil Fuels
Hydraulic Fracturing (Fracking)

Hydraulic fracturing has unlocked huge reserves of shale gas and oil, transforming the energy outlook in the United States and the world, even as local opposition and falling world prices threaten th…

Shale gas fracking facility

May 13, 2019

China
Is ‘Made in China 2025’ a Threat to Global Trade?

China’s industrial policy is aimed at rapidly expanding its high-tech sectors and developing its advanced manufacturing base. The plan is seen as a threat by President Trump, and could escalate the trade war.

Microchip production in China