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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.
Article by Thomas J. Bollyky, Chloe Searchinger, Alice C. Hill, Zongyuan Zoe Liu, and Benn Steil RealEcon

July 25, 2020

China
What Mike Pompeo doesn’t understand about China, Richard Nixon and U.S. foreign policy

Secretary Pompeo, advocating a policy of transforming China, is proposing a course that is bound to fail.

Secretary of State Mike Pompeo Delivers a Speech on China at the Nixon Library
Article by Richard Haass

November 30, 2023

China
The Legacy of Henry Kissinger

The passing of America’s preeminent foreign-policy thinker and practitioner marks the end of an era. Throughout his long and extraordinarily influential career, Henry Kissinger built a legacy that Am…

Kissinger
Article by Richard Haass

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.
Article by Inu Manak Renewing America

April 1, 2024

China
On Fentanyl, Biden Should Look to Work With China

The fentanyl epidemic is a major election issue. The U.S. could leverage trade policy with China to crack down on its export. 

Members of the Sinaloa Cartel prepare capsules with methamphetamine in a safe house in Culiacan, Mexico, April 4, 2022.
Article by Zongyuan Zoe Liu Asia Program

February 9, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

Article by Benn Steil, Benjamin Della Rocca, and Dinah Walker

February 12, 2024

Palestinian Territories
Democracy and the Two-State Solution

The war in Gaza has focused attention once again on the search for solutions to the Israeli-Palestinian conflict. The solution favored by the United States, the European Union, most of the world’s de…

Article by Elliott Abrams Diamonstein-Spielvogel Project on the Future of Democracy

December 13, 2023

Trade
Visualizing 2024: Trends to Watch

What trends will shape world events in the year ahead? Five CFR experts weigh in.

Article by Matthew P. Goodman, Kat Duffy, Zongyuan Zoe Liu, Liana Fix, and Will Freeman Renewing America

February 9, 2024

Ukraine
Will Ukraine Survive?

What Ukraine and its Western backers have accomplished in the wake of Russia’s February 2022 invasion is extraordinary. But with congressional Republicans blocking further US military aid, even as Ru…

The Ukrainian flag flutters amid buildings destroyed in Russia’s bombardment of the Ukrainian town of Borodianka.
Article by Richard Haass