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April 18, 2024

RealEcon
Baltimore Bridge Collapse Tests U.S. Supply Chains

The response to the temporary closure of the Port of Baltimore—from a deadly tanker collision—demonstrates the resilience of U.S. supply chains despite fears of costly disruptions.

A zoomed out view of the a cargo ship and the remains of a bridge, with a harbor in the background.

April 17, 2024

RealEcon
Onshoring Semiconductor Production: National Security Versus Economic Efficiency

Policymakers are increasingly concerned by the U.S.’s dependence on Taiwanese semiconductors. Is onshoring their production to the U.S.—a goal of the CHIPS and Science Act—a practical path forward? 

A wafer can be seen as taiwanese chip giant TSMC holds a ceremony to start mass production of its most advanced 3-nanometer chips in the southern city of Tainan, Taiwan December 29, 2022.

April 1, 2024

Brazil
Brazil Should Use G20 Momentum to Join the OECD

Brazil has an opportunity to become a powerful bridge between developed economies and the Global South—the United States should support that ambition. 

U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva hold hands as they attend the launch of the Global Biofuels Alliance at the G20 summit in New Delhi, India, September 9, 2023.

March 1, 2024

United States
Campaign Roundup: President Joe Biden Delivers His Third State of the Union Address

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Joe Biden will likely stress his domestic achievements over his foreign policy challenges when he a…

Biden SOTU

February 29, 2024

United Nations
Funding the United Nations: How Much Does the U.S. Pay?

Many UN agencies, programs, and missions receive crucial funding from the United States. The Trump administration sharply reduced funding to some UN agencies, but President Biden has largely reversed…

A child peeks out from a blue and white tent managed by the UN refugee agency.

March 19, 2024

Hong Kong
Hong Kong’s Freedoms: What China Promised and How It’s Cracking Down

Beijing has tightened its grip on Hong Kong in recent years, dimming hopes that the financial center will ever become a full democracy.

Hong Kong police force a man's arms behind his back, as an officer stands close to the camera, in Hong Kong.

March 7, 2024

China
The China-North Korea Relationship

China is North Korea’s biggest trade partner and has leverage over Kim Jong-un’s regime, yet its policies focus more on border stability than nuclear threat.

Chinese President Xi Jinping waves at photographers as North Korean Leader Kim Jong-Un claps at the Sunan International Airport in Pyongyang, North Korea.

March 27, 2024

United States
Modernizing the Federal Student Loan Experience

President Biden wants to modernize the federal student loan system. The U.S. Postal Service and Affordable Care Act can show him how.

Education

February 26, 2024

United Nations
The UN Security Council

The UN Security Council is the premier global body for maintaining international peace and security, but it faces steady calls for reform to better meet twenty-first-century challenges.

Ukrainian President Volodymyr Zelenskyy addresses the Security Council via video amid Russia’s war.

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.