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April 11, 2024

South Korea
South Korea’s Opposition Parties’ Win: What It Means

The center-left Democratic Party added to its legislative majority after the recent parliamentary election, which would deal a blow to President Yoon Suk Yeol’s domestic reform agenda and possibly hi…

Lee Jae-myung, leader of the main opposition Democratic Party, raises hands with supporters during a campaign rally for the upcoming 22nd parliamentary election in Seoul, South Korea.

April 18, 2024

RealEcon
Baltimore Bridge Collapse Tests U.S. Supply Chains

The response to the temporary closure of the Port of Baltimore—from a deadly tanker collision—demonstrates the resilience of U.S. supply chains despite fears of costly disruptions.

A zoomed out view of the a cargo ship and the remains of a bridge, with a harbor in the background.

April 5, 2024

Japan
Why the U.S.-Japan Summit Matters

Japanese Prime Minister Kishida Fumio’s Washington summit on April 11 comes at a time of deepening security cooperation as well as some challenges to economic ties.

Prime Minister Kishida and President Joe Biden walking together in the White House Garden.

September 5, 2013

Trade
The Tobacco Problem in U.S. Trade

The Obama administration has a tremendous opportunity to forge a new approach on tobacco that balances U.S. mandates on trade with its obligations to promote public health at home and abroad, writes …

December 6, 2010

United States
Why U.S.-Korea Trade Deal Matters

The new U.S.-Korea Free Trade Agreement has the potential to measurably spur the economy and reassure a top U.S. ally, but President Obama needs to take firmer steps to boost a flagging trade agenda,…

February 4, 2016

Trade
TPP Tobacco Exception Proves the New Rule in Trade

The special exemptions for tobacco products in the TPP trade deal say less about cross-border investment rules generally, and more about the unique nature of tobacco under U.S. and international law,…