In The News

The Times of India: Warm Words for Modi in Washington

Nayan Chanda July 5, 2017
Foreign leaders are discovering that they avoid criticism from the US president by praising Donald Trump and avoiding serious debate on topics of disagreement like climate change. A meeting with India’s Prime Minister Narendra Modi was the latest US “transactional approach to foreign policy,” explains Nayan Chanda, founding editor of YaleGlobal Online in his column for the Times of India. “Trump...

Project Syndicate: Trump’s Sugar Swamp

Jeffrey Frankel June 29, 2017
In a prelude to renegotiation of the North American Free Trade Agreement that US President Trump promised on the campaign trail, Secretary of Commerce Wilbur Ross recently concluded a deal with Mexico over sugar production. The sugar industry, however, still wants stricter protections from imported Mexican sugar when negotiations begin. In Project Syndicate, Jeffrey Frankel argues that the...

Deutsche Welle: China's Xi Uses Silk Road Summit to Call for Rejection of Protectionism

May 15, 2017
China’s summit on a modern-day Silk Road – encouraging infrasructure development, trade and other connections – is the antithesis to protectionism or extreme nationalism. The One Belt, One Road initiative is “a multi-year plan to build a web of infrastructure and transport links connecting Asia, Europe, Africa and other regions,” explains Deutsche Welle, adding that some countries express concern...

Financial Times: Brexiters Must Lose if Brexit Is to Succeed

Martin Wolf March 30, 2017
The British government officially notified the EU of its intention to leave – an admission that a prominent and pragmatic member could not influence the larger governing structure or find agreement with other European members. The decision is a tragedy for both sides “Even if the exit negotiations go well,” explains Martin Wolf for the Financial Times. “Economically, [the UK] will lose favourable...

Nikkei Asian Review: Brexit Moment of Truth

Humphrey Hawksley March 22, 2017
Britain will give formal notice March 29 on exiting the European Union. “Britain has suddenly become a place of uncertainty for investors – from Asia and the rest of the world,” explains Humphrey Hawksley for Nikkei Asian Review. “Already, thousands of Asian companies that are integral to the British economy are slowing or reversing expansion plans.” Hawksley points that the UK’s share of the...

Politico: World Prepares to Move on Without US on Trade

Adam Behsudi March 15, 2017
The global supply chain benefits form elasticity. If one country does not supply a product, then buyers quickly search for substitutes. After the United States stepped back from the Trans-Pacific Partnership, countries like New Zealand, Australia and Canada continue to meet to negotiate a deal and fill the vacuum. “New Zealand seizes the opportunity to send more of its milk and cheese to China,”...

Caixin: China Posts First Trade Deficit in Three Years

Fran Wang and Pan Che March 13, 2017
Political rhetoric blasting global trade from the United States and other countries may slow economic growth in the world’s second largest economy. “China recorded its first trade deficit in three years last month as imports surged on soaring commodity prices while exports declined, likely adding uncertainty to the country’s growth prospects,” reports a team from Caixin. “The surprisingly robust...