Canadian Prime Minister Mark Carney has a grueling mission ahead to preserve the U.S.-Mexico-Canada trade agreement.
trade
Posted inAmerica and the World
Beyond America First
Countries in the Global South increasingly view President Trump’s “America First” foreign economic policies as both a coercive force and a catalyst for greater economic autonomy.
Posted inAmerica and the World
Make Argentina Crash Again: On Milei’s Neoliberal Experiment
The short-term political boost to the Argentine president’s fortunes is unlikely to continue, as the familiar cycle of crisis and default looms.
Posted inTAP
Supreme Court Poised to Defy Trump on Tariffs
Most of the conservative justices seemed skeptical of the argument that the International Economic Emergency Powers Act, which allows a president in an emergency to “regulate importation and exportation,” confers worldwide, unlimited tariff authority.
Posted inTAP
China: The Art of Xi’s Deal
In classic form, President Trump concluded his hollow trade deal with Xi Jinping Thursday—and then changed the subject and the headlines. With no clear plan or rationale, he announced that the U.S. could resume nuclear testing.
Posted inEconomic Policy
Trump Selling Out Cattle Ranchers Highlights Structural Food Economy Crisis
To lower beef prices and help out his pal Milei, Trump will quadruple beef quotas from Argentina—and domestic cattle ranchers are going ballistic. But the bigger problem is an America that can no longer feed itself.
Posted inAmerica and the World
Trump’s Feeble Made-for-TV Diplomacy
President Trump left town last weekend for a six-day Asia trip, partly to change the subject and partly to score some cheap symbolic victories. As always, his goal was short-run successes, with foreign leaders fawning in his presence.
Posted inNewsletters
Trump’s Tariff Tantrums
The Supreme Court will soon rule on whether Trump’s aggressive and impulsive use of tariffs is an illegal usurpation of Congressional authority spelled out clearly in Article I of the Constitution. The right to levy tariffs is reserved to Congress, except where explicitly delegated to the president. Congress has done this in three laws, each […]
Posted inAmerica and the World
Why China Can Collapse the U.S. With One Decree
America has made an unusually directional economic bet that is at this moment totally dependent on Chinese rare earth exports.
Posted inBooks, Arts and Culture
America’s Greatest Mistake
This article appears in the October 2025 issue of The American Prospect magazine. Subscribe here. The World’s Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right) By David J. Lynch PublicAffairs For a time, globalization was synonymous with utopia: the untrammeled flow of capital across borders, new markets waiting to be opened, the growth of developing […]