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March 14, 2012

Trade
Morning Brief: China’s Rare Earth Policy Challenged at WTO

The United States, Europe, and Japan challenged China’s export restrictions of rare earth elements at the WTO (WSJ). The complaint alleges that the restrictions give Chinese manufacturers an unfair a…

Pipes coming from a rare earth smelting plant spew polluted water into a vast tailings dam near Xinguang Village, located in China's Inner Mongolia Autonomous Region (David Gray/Courtesy Reuters).

July 3, 2019

United States
The Trump Tax Reform, As Seen in the U.S. Balance of Payments Data

The international side of the Tax Cuts and Jobs Act was a real reform, not just a straight-forward cut in the rate. It ended deferral, and shifted to a (mostly) territorial tax system. Yet, judging f…

The Trump Tax Reform, As Seen in the U.S. Balance of Payments Data

August 22, 2023

United States
The Future of Dollar Hegemony

The United States has benefited from the dollar’s dominance of global markets for decades. Washington should be wary of squandering those benefits through political infighting and reckless policymaki…

dollar

February 8, 2023

United States
In Last Night’s SOTU, (Some) Republicans Gave Joe Biden Just What He Wanted

The spectacle highlighted not only the ongoing battle within the GOP, but also spoke to what may lie ahead on critical governance issues this year.

Biden SOTU

February 21, 2023

United States
As the Debt Ceiling Crisis Looms, Allies and Adversaries Are Watching

A U.S. default would send a shock through the global economy and risk the credibility of the U.S. dollar.  It would also alarm U.S. allies while presenting a gift to its adversaries.

The sun shines on the U.S. Capitol dome on the first day the federal government re-opened following a 16-day shutdown at the U.S. Capitol in Washington

April 21, 2020

COVID-19
Singapore: The Limits of a National Response

The recent rise in COVID-19 cases in Singapore shows that there are limits to what national responses to a global pandemic can achieve. 

Migrant workers look out from their balconies at Punggol S-11 dormitory, during the coronavirus outbreak in Singapore on April 6, 2020.