The diplomatic spat between Canada and Saudi Arabia could have serious economic ramifications as well. When diplomatic ties are cut, research shows trade suffers significantly.
The president says he’s fighting his trade war because a generation of free trade has failed working-class Americans. An economist explains why tariffs will only make things worse.
American policymakers and lawmakers are floating unilateral sanctions against Russia, Iran and even Turkey in an effort to change behavior. But research shows sanctions only work in narrow circumstances.
The Trump administration’s promise of $12 billion in aid to offset losses from retaliatory tariffs will not make up for the long-term consequences of a prolonged trade war.
An imminent court ruling by the European Union will decide the future of the economic partnership between Canada and the EU. It has broader implications for multilateralism in international trade.
A new government report outlines a strategy for the Australia-India relationship, and reminds is that India is not China, and must be considered in its own right.
The president, who called the European Union a ‘foe’ following a series of meetings in Europe, may not realize just how much Americans have gained from their relationship with Europe.