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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.

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.

March 4, 2024

United States
A Self-Absorbed America Means Disorder for the World

The dam holding back chaos in U.S. foreign policy is cracking.

Supporters of Republican presidential candidate and former U.S. President Donald Trump gather on the street with Trump flags, ahead of Super Tuesday, in Huntington Beach, California, U.S.

February 12, 2024

Palestinian Territories
Democracy and the Two-State Solution

The war in Gaza has focused attention once again on the search for solutions to the Israeli-Palestinian conflict. The solution favored by the United States, the European Union, most of the world’s de…

October 5, 2018

Iraq
Iraq’s Two New Leaders Offer a Glimmer of Hope

Salih and Abdul-Mahdi are capable politicians in a nation that desperately needs that, at a time when progress seems possible.

Barham Salih, Iraq's new president, walks with new Prime Minister Adel Abdul-Mahdi at the parliament headquarters in Baghdad.

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.

October 12, 2023

LGBTQ+
Why Anti-LGBTQ Attacks Matter for Democracy

Attacks on LGBTQI+ people and their rights are on the rise, policymakers should pay closer attention to anti-LGBTQI+ activity as a sign of democratic backsliding and take steps to address this issue…

July 26, 2023

Latin America
US Should Look South, Not Far East, on Trade Pacts

Many economies in the Americas already have bilateral free trade agreements with Washington, offering a stronger base for nearshoring, deeper integration and higher standards.

Docked cargo ships are loaded with shipping containers at Port Elizabeth, New Jersey, United States, July 12, 2023.