In The News

Much of the concern and discussions on Brexit centers around politics and trade, but security is another priority, maintains Julian Lindley-French. European security depends on close cooperation, especially on intelligence-gathering. “Britain's security, and by extension that of Europe, will be profoundly weakened if the former is not also fully plugged into the latter,” Lindley-French...

Trade adds jobs and profits, and tariffs increase prices, reducing jobs and profits. Hours after the Trump administration announced a 25 percent tariff on 1,333 Chinese products including robots and locomotives, China responded with tariffs on 106 products imported from the United States. The United States claims decades of intellectual property theft from China, and China points to US violations...

US voters responded to promises of tariffs, jobs and protectionism during the 2016 presidential campaign and spurred a backlash to globalization: “It is coming after the major costs of globalization have already been borne,” explains Neil Irwin for the New York Times. “And it comes just as billions of people who have become integrated into the global economy over the last three decades are...