The starting point and assumption are that the trend toward globalization has ended. And rather than a resurgence of economic cooperation between countries around the world, it is expected that deglobalization is more likely than re-globalization going forward. Over the past few years, the geopolitical landscape has materially worsened. Major military conflicts are active on…
According to the U.S. Department of State website, “The relationship between the United States and India is one of the most strategic and consequential of the 21st century. The United States supports India’s emergence as a leading global power and a vital partner in promoting a peaceful, stable, and prosperous Indo-Pacific region.” In reality, the…
Resistance to green policies has broken out across Europe. The left-leaning Greens lost 18 of their previous 71-member bloc, a 25% drop, in the recent European parliamentary election. It was different in the last European elections five years ago, when young voters especially demanded action against climate change. Soaring energy prices because of the conflict…
Sanctions have become the go-to foreign policy tool for the United States. Coercive economic measures such as trade tariffs, financial penalties, and export controls affect large numbers of companies and states across the globe. But while U.S. policymakers see sanctions as a low-cost tactic, these measures also have potent side effects that can harm American…
An economic conflict or trade war between the U.S. and China has been ongoing since January 2018, when president Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. The U.S. policies…
