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March 6, 2025

RealEcon
Steel Productivity has Plummeted Since Trump’s 2018 Tariffs

Studies have shown that tariffs depress productivity in protected industries. U.S. steel is a case in point.

Steel Productivity has Plummeted Since Trump’s 2018 Tariffs

December 3, 2024

Angola
Domestic Politics Overshadow Biden’s Africa Visit

The pardoning of Hunter Biden raises discomforting parallels as President Biden lands in Angola. 

President Joe Biden shakes hands with Angolan President Joao Manuel Goncalves Lourenco at the Presidential Palace in Luanda, Angola, on December 3, 2024.

February 28, 2025

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. In his second administration, President Trump is again calling for greater scrutiny of U.S. funding and involv…

Displaced people get off a UNHCR truck in Kanyaruchinya, Democratic Republic of Congo.

February 24, 2025

RealEcon
The Intellectual Origins of Trump’s Economic Policies

The Trump administration’s tariff announcements revive the age-old policy of import substitution industrialization (ISI) to protect domestic industries and stimulate growth. However, ISI could lead t…

With a portrait of the first U.S. Treasury Secretary Alexander Hamilton looking on, U.S. President Donald Trump (L) signs a financial services executive order as Treasury Secretary Steven Mnuchin stands by at the Treasury Department in Washington, U.S., April 21, 2017. REUTERS/Kevin Lamarque

November 6, 2024

Election 2024
Trump’s Tall Task: Overcoming Domestic Division to Project Strength Abroad

President-Elect Donald Trump needs to play a leading role in steering the world away from ongoing violence and the potential fragmentation of the global economy, but a purposeful foreign policy requi…

Former U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy meet in New York City in September 2024.

February 26, 2025

RealEcon
Chips, Steel, and Lawnmowers: What Trade Is Strategic?

President Trump, his advisors, and Congress have different ideas of what products and markets are strategic.

Airshow China in Zhuhai

February 5, 2025

United States
What Trump’s Trade War Would Mean, in Nine Charts

President Trump’s tariffs on Canada, China, and Mexico could upend U.S. trade. These nine charts show what’s at stake, what comes next, and why it matters.

February 11, 2025

India
India’s Industrial Policies: Rejecting the Old Status Quo and Creating the New

India’s industrial policy mirrors the global rise of protectionist norms. But these measures not only often violate WTO norms and lead to trade disputes, they have also not achieved India's goal of b…

Hyundai i10 cars are assembled at a plant of Hyundai Motor India Ltd in Sriperumbudur Taluk in the Kancheepuram district of the southern Indian state of Tamil Nadu. REUTERS/Babu 

March 14, 2025

Economics
American Pharmaceutical Companies Still Aren’t Paying Tax in the U.S.

The 2024 10-K reports of America’s largest pharmaceutical companies show that they continue to avoid paying much, if any, U.S. corporate income tax.

American Pharmaceutical Companies Still Aren’t Paying Tax in the U.S.

March 14, 2025

Foreign Policy
What’s the Matter With Canada?

The Trump administration’s tariffs on Canada this week and threats of annexation have strained the U.S.-Canada partnership, fueling Canadian nationalism and causing steep retaliatory measures.

A barista hands out an anti-51st state sticker at a coffee shop in Toronto, Canada, on March 5, 2025. (Mert Alper Dervis/Getty Images)