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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.

April 1, 2024

Trade
U.S. Trade Policy Is at a Crossroads

Biden’s trade agenda is trying to tackle climate change, domestic jobs, and great power competition, but trade-offs are inevitable. A clear vision on priorities is essential. 

BRADDOCK, PENNSYLVANIA - MARCH 20: A general view of the exterior of the U.S. Steel Edgar Thompson Works, on March 20, 2024 in Braddock, Pennsylvania. Nippon Steel has said that it would relocate its U.S. headquarters from Houston to Pittsburgh, where U.S. Steel (X.N) is located, if their acquisition deal goes through.

May 31, 2024

European Union
What’s at Stake in the EU Elections?

The European Union’s governing bodies could see a significant shake-up as millions of voters head to the polls across the twenty-seven-member bloc, with consequences for transatlantic ties.

Members of the EU Parliament sit during a plenary session in Strasbourg, France.

May 28, 2024

Trade
The Man Who Would Help Trump Upend the Global Economy

As a potential U.S. Treasury secretary, Robert Lighthizer has more than trade policy to revolutionize.

U.S. Trade Representative Robert Lighthizer listens during a Senate Finance Committee hearing on President Donald Trump's 2020 Trade Policy Agenda on Capitol Hill in Washington, D.C.

May 31, 2024

Israel
U.S. Aid to Israel in Four Charts

Israel has long been the leading recipient of U.S. foreign aid, including military support. That aid has come under heightened scrutiny amid Israel’s monthslong war to eliminate Hamas.

U.S. and Israeli army officers talk in front a Patriot missile defense system.

February 27, 2024

International Law
Three Challenging Policy Issues for the Prosecutor in the Israel-Hamas Situation

The chief prosecutor of the International Criminal Court (ICC),[1] Karim A. A. Khan,[2] faces several challenging policy issues in the months ahead regarding the Israel-Hamas situation.[3] In this co…

May 30, 2024

RealEcon
Why Progressives Should Embrace Trade and Globalization

Progressive values shaped the postwar international economic system that has procured the benefits of globalization and trade. Will U.S. policymakers remember?

President Franklin Delano Roosevelt speaks with Cordell Hull after Hull's return from the London Economic Conference.

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

December 21, 2023

United States
These Eight Charts Show Why Fentanyl Is a Huge Foreign Policy Problem

Overdoses involving fentanyl and other synthetic opioids are the leading cause of death among young Americans and a threat to U.S. public health, the economy, and national security. Combating the epi…

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