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May 24, 2024

RealEcon
Weighing Biden’s China Tariffs

Global risks–including Chinese overcapacity–have increased, but government intervention should seek to minimize trade-offs.

The truck cab is lowered on the frame of Ford Motor Co. battery powered F-150 Lightning trucks under production at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 20, 2022. - Construction crews are back at Dearborn, remaking Ford's century-old industrial complex once again, this time for a post-petroleum era that is finally beginning to feel possible. The manufacturing operation's prime mission in recent times has been to assemble the best-selling F-150, a gasoline-powered vehicle

May 23, 2024

Middle East Program
Constitutions Thick and Thin

The sharp debate in Israel last year over “judicial reform” raised basic questions that arise in most democracies about constitutions: What are they meant to be and to do? Even the definition of a…

May 16, 2024

Thailand
Thailand’s Government Promised Change. It’s Delivering Chaos

The government of Prime Minister Srettha Thavisin has done little to address Thailand’s pressing issues, and now, after a Cabinet reshuffle and high-profile resignations, it seems to be in chaos.

The government of Prime Minister Srettha Thavisin has done little to address Thailand’s pressing issues, and now, after a Cabinet reshuffle and high-profile resignations, it seems to be in chaos.

May 14, 2024

RealEcon
On to Wisconsin: RealEcon Visits the Badger State

From ginseng farms to food-processing facilities, Wisconsin businesses shine light on how trade policy and foreign investment impact rural America.

Darin Von Ruden, the owner of the Von Ruden's Organic Dairy Farm walks on his farm in Westby, Wisconsin, on October 3, 2020. - In western Wisconsin, where family-run dairy farms dot the rolling green hills and eagle-watchers peer into the sparkling marshland, signs for Donald Trump and Joe Biden stand directly across each other on neighbors' yards. In a polarized United States where Democrats and Republicans increasingly self-segregate, this stretch of the Upper Midwest alongside the Mississippi River looks

May 8, 2024

Energy and Environment
The Push to Conserve 30 Percent of the Planet: What’s at Stake?

See how six countries are faring amid efforts to protect 30 percent of the planet’s land and waters by 2030, and what will be saved if they succeed. 

A monastery sits in between tree-covered mountains.

May 8, 2024

RealEcon
In Economic Security, Trade-Offs Abound

Policymakers face complex cost-benefit considerations when intervening in the market to mitigate perceived risks, from climate change to competition with China.

(L-R) European Council President Charles Michel, Italy's Primer Minister Giorgia Meloni, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron, Japan's Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo during a visit to the Itsukushima Shrine in Miyajima Island as part of the G7 Leaders' Summit, on May 19, 2023.

May 2, 2024

Turkey
Erdogan’s Crisis of Legitimacy and Its Consequences

Despite the destabilizing effects of his economic and foreign policies, as well as a major election loss, President Erdogan shows no sign of interest in course correction.

Supporters of Turkish President Recep Tayyip Erdogan listen to his speech during a rally ahead of local elections in Istanbul, Turkey, in March 2024.

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 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

RealEcon
Policymaking Is All About Trade-Offs

In crafting a new international economic policy that works for Americans and advances U.S. interests, policymakers will have to weigh multiple trade-offs.

San Diego, California, USA - October 8, 2015: British Airways Boeing 777 flying over crowded freeway to land at Lindberg Field San Diego International Airport.