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April 9, 2020

Oil and Petroleum Products
OPEC in a Changing World

Western leaders have long criticized OPEC’s power to raise oil prices, but the bloc’s influence is on the wane as U.S. oil production has soared and alternative energies have come to the fore.

OPEC

February 24, 2020

Mexico
The U.S. Immigration Debate

Comprehensive immigration reform has eluded Congress for years, moving controversial policy decisions into the executive and judicial branches of government.

Migrant families wait in line to seek asylum with U.S. Border Patrol agents in Hidalgo, Texas.

February 24, 2020

Trade
NAFTA and the USMCA: Weighing the Impact of North American Trade

President Trump has reached a deal with Canada and Mexico to restructure the North American Free Trade Agreement, hoping a new trilateral accord will reinvigorate the U.S. manufacturing sector.  

Mexican commercial trucks cross into the United States.

December 10, 2019

World Trade Organization (WTO)
What’s Next for the WTO?

President Trump’s decision to levy tariffs on China highlights concern about the ongoing role of the WTO and the future of global trade rules.

WTO Meeting, Geneva Switzerland

August 19, 2019

Military Operations
Sea Power: The U.S. Navy and Foreign Policy

The U.S. Navy’s dominance of the world’s oceans has made it an indispensable foreign policy tool as well as a guarantor of global trade, but a mix of challenges is raising difficult questions about i…

A U.S. cruiser and aircraft carrier during a replenishment-at-sea.

March 8, 2019

United States
The U.S. Trade Deficit: How Much Does It Matter?

President Trump has made reducing the U.S. trade deficit a priority, blaming trade deals like NAFTA, but economists disagree over how policymakers should respond.

Chinese steel factory

January 4, 2019

Trans-Pacific Partnership (TPP)
What Is the Trans-Pacific Partnership (TPP)?

Though President Trump withdrew from the TPP, the remaining members of the trade pact have forged ahead with a new version, leaving the U.S. role in the Asia-Pacific in question.

CPTPP

July 17, 2018

Nuclear Weapons
‘No First Use’ and Nuclear Weapons

Nearly all nuclear weapon states, as a matter of policy, remain ready to use their weapons without having first suffered a nuclear attack.

Kevin Lamarque/Reuters

January 12, 2018

United States
The State of U.S. Infrastructure

Amid deliberations over President Trump’s first budget, debate has intensified over how to improve the nation’s infrastructure, as analysts say U.S. transportation, water, and other systems face majo…

The State of U.S. Infrastructure

January 5, 2018

United States
How Will the Tax Overhaul Affect U.S. Competitiveness?

President Trump and Republican lawmakers say their tax legislation will increase the global competitiveness of U.S. businesses, but experts are divided over whether it will spur growth, and many are …

tax backgrounder header