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June 18, 2013

Financial Markets
C. Peter McColough Series on International Economics with Neil Irwin

Join Neil Irwin as he discusses the central bankers' role in the great financial crisis and the historical relationship between capitalism and the state. The C. Peter McColough Series on Internation…

June 21, 2019

Election 2020
Issue Guide: The First 2020 Democratic Presidential Debates

The Democratic field could touch on a number of foreign policy issues, from climate change to Iran, during its first prime-time sparring session.

Veteran holds U.S. flag as Sen. Elizabeth Warren speaks on campaign trail.

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

July 30, 2008

Trade
Trade Liberalization

Overview The news that the Doha Round of the World Trade Organization has broken down in Geneva has made many Americans pessimistic about the future of multilateral trade agreements. Politicians o…

Trade Liberalization header

October 11, 2018

Trade
Trump's Stimulus Trumps His Trade Policy

It is hard to think of a President more committed—at least rhetorically—to closing the trade balance than President Trump. The usual criticism of his trade policy is that it is overly focused on a si…

Trump's Stimulus Trumps His Trade Policy

August 21, 2019

Trade
Trump's Assault on the Global Trading System

Ahead of this weekend's G-7 Summit in France, Foreign Affairs authors Bown and Irwin will discuss the Trump administration's trade war with China, its effects on the global economy, and the prospects…

April 6, 2018

China
When Did the China Shock End?

Conventional wisdom among economists is that the China shock ended a decade ago. That is largely because the U.S. bilateral deficit with China has been fairly stable since 2007 (measured as a share o…

When Did the China Shock End?

March 23, 2018

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

June 25, 2019

United States
A Conversation with Jerome H. Powell

Jerome Powell discusses the challenges facing the U.S. economy and the policies of the U.S. Federal Reserve.

Play Jerome H. Powell

March 6, 2018

United States
How Will the U.S. Fund its Twin Deficits?

Will there be a mismatch between what the U.S. wants to sell (Treasuries) and what the world wants to buy?

How Will the U.S. Fund its Twin Deficits?