In The News

Future of Globalization: Foreign Policy

Henry Farrell and Abraham Newman July 7, 2020
The Covid-19 pandemic exposed society’s dependence on globalization and the challenges. Trade went from predictable to uncertain as nations blocked and confiscated protective medical gear and other needed supplies. Leaders worry about similar disruptions for food or other necessary products. “But the crisis that globalization faces has roots that go far deeper than the current pandemic,” explain...

Uncertainty for Middle East: Syndication Bureau

Dnyanesh Kamat June 11, 2020
Rising Chinese-US tensions create strategic uncertainty around economic-development, foreign policy and even internal politics in the Middle East. US plans to relocate strategic industries, including healthcare and technology, away from China may benefit economies like Egypt or Morocco. “On the other hand, the increasingly zero-sum nature of economic competition between China and the US means...

China Hits Back at US on Trade: Bloomberg

Malcolm Scott, Kevin Hamlin and Tian Chen August 5, 2019
The trade war is not ending quickly and tensions grow after the US president announced a new round of tariffs as of September 1. China let the yuan tumble to seven per dollar, the lowest level since 2008. Donald Trump had accused China of currency manipulation, but China may be giving him a lesson in market forces - despite the risk for capital flight. China’s state-owned enterprises will also...

UK-US Trade Deal Not Easy: JD Supra

Sophie Berner-Eyde July 29, 2019
US President Donald Trump has suggested that he and UK Prime Minister Boris Johnson have plans for a “very substantial” trade deal. The UK cannot negotiate a trade deal until after it leaves the European Union, scheduled for October 31. “UK-U.S. preliminary talks on a bilateral free trade agreement (FTA) spanning the last two years, however, have failed to show any meaningful progress and are...

WTO Developing Economy Designation: Financial Times

James Politi July 28, 2019
Donald Trump wants the United States to lead in all trade matters and he is criticizing the World Trade Organization for allowing too many nations claim developing-economy status that provides special treatment. These benefits include “procedural advantages in disputes, softer tariff cuts, the ability to maintain export subsidies and weaker commitments in negotiations”. Trump specifically noted...

US Trade Deal With Britain Not Easy: CNN

Julia Horowitz, June 5, 2019
As the United Kingdom struggles to exit the European Union, its leaders hope for new trade partners. Visiting Britain, US President Donald Trump expressed desire for a bilateral deal. The United States accounts for 14.7 percent of total UK trade in goods and services, while the European Union represents 49.4 percent. “Britain can't open negotiations with potential partners until after it...

China Warning on US Study: South China Morning Post

Sarah Zheng June 5, 2019
The escalating US-China trade war could last for months or years with uncertainty spreading throughout both economies. “China issued an official warning on Monday for Chinese students seeking to study in the United States, amid heightened tensions between the two countries,” reports Sarah Zhen for the South China Morning Post. “The Ministry of Education urged students and academics to ‘raise...