Trade and Economics

The United States may be accepting the reality of Chinese power.

Historian Rana Mitter on the new balance of power between Washington and Beijing.

Rising oil prices and growing bond market volatility have raised fears of a global recession.

A lot of things have gone horribly wrong—and it’s not over yet.

Rivalry with Beijing is inevitable. Economic rupture would be disastrous.

A more confident China is happy to downplay presidential visits.

As wages in the country slump, so do the libertarian leader’s ratings.

From the Iran war to trade, the U.S. president failed to secure major concessions from his counterpart.

The U.S. president is expected to downplay other issues to secure new trade deals.

Beijing can’t easily afford to escalate any economic struggle with Washington.

The U.S. president heads to Beijing in detente and dealmaking mode.

The British prime minister is barely clinging to power over a split and unpopular Labour Party.

The leaders are expected to talk trade, Taiwan, and the Iran war.

For all of the U.S. leader’s efforts, Washington remains deeply vulnerable.

Uneven wealth distribution in the United States has political—and global—implications.

The secretary of state may face an uphill battle during his visit to New Delhi this month.

The Kremlin is gaining billions in additional oil revenue.

The Hormuz crisis is hitting diesel even harder than crude.

Western assessments miss how economic ties have quietly advanced reconciliation.

Courts keep taking a skeptical view of the executive branch’s overreach.

U.S. and Israeli attacks on Iran have led regular people to rally around the flag—for now.

BYD’s landmark sales fuel debate over working conditions and the country’s relationship with China.

Cutting-edge U.S. models are too expensive for much of the world.

A reported memorandum would end the war, reopen the Strait of Hormuz, and lay the framework for future nuclear talks.

Ahead of the Trump-Xi summit, Beijing is pushing back on Washington.

U.S. guarantees have not shielded Indonesia, the Philippines, and Vietnam from economic shock.

Local elections this week will lay bare growing fragmentation across the United Kingdom.

Fears of Chinese and U.S. trade retaliation have spawned deals that exclude both powers.

Malaysia becomes the first country to cancel its tariff deal with the White House.

Kevin Warsh will face intense pressure to cut interest rates.

The geopolitical realignment goes much deeper than just oil markets.

The country is trying to push for a green transition despite gridlock at U.N. climate talks.

The Section 301 case outlined by U.S. trade officials is neither coherent nor defensible.

Who is Sharaa’s investment campaign really for?

Why the World Bank’s quiet decision to move the South Asian country to its Middle East column is more than just a bureaucratic footnote.

Deals are being canceled as stockpiles run short.

Gita Gopinath on how countries can make themselves more resilient.

In a world of disorder, the bloc’s boring stability is suddenly attractive.

The reversal underscores Beijing’s shifting national security concerns.

Record-low unemployment is the result of millions of missing workers.

An economics writer known for his work on Asia turns his eye toward the fastest-growing continent.

Trump’s inexplicable effort to lift sanctions on Eritrea reflects a deepening lack of strategy.

Pricey oil and sanctions relief mean smiles in Moscow.

Trump needs Ottawa more than he’ll say.

The conflict is wreaking havoc on an obscure sector that is more important than you’d think.

Why exports of illegally sourced gold are gaining on drugs in funding the continent’s illicit economy.

Fighting on multiple fronts has taxed its military, economy, and ties with the United States.

How to rewrite the global economic framework for a progressive multilateralism.

Even with a cease-fire deal in place, vital energy and fertilizer flows remain trapped.

How longtime Prime Minister Viktor Orban’s economic record could shape Sunday’s election.

The United States lost the EV race to China. Food could be next.

Government paralysis is freezing budgets and wrecking public trust.

Trump’s talk of monetizing the Strait of Hormuz undermines a basic strategic interest.

A look back at the U.S. intervention in Venezuela that the president wants to replicate.

The Iran war has disrupted a different, more fragile global energy system.

Even if the cease-fire holds, it will take months to undo the damage.

Baghdad doesn’t control much of its own territory.

Myanmar will be hit worst.

Trumpian chaos conceals a wider bipartisan shift aimed at China.

The closure of the Strait of Hormuz has left thousands of Indian sailors at risk.

The Iran war has led the region’s leaders to recalibrate their economic policies.

Western tariffs accelerated its transformation into a sophisticated extension of China’s industrial policy.

The Iran war has punctured—though not completely popped—the region’s tech bubble.

Blocked fertilizer shipments plus La Niña spell trouble for farmers around the world.

The Strait of Hormuz is closed, the world economy is captive, and there’s no easy way out.

A Kremlin-backed fintech company is linked to massive trade in dual-use goods.

Migrants are seeing flights and jobs vanish.

Is the Persian Gulf’s economic model in jeopardy?

Can this era of south-south cooperation outlast leftist leadership?

A much-ballyhooed idea is almost—but not quite—dead.

A new party takes office with a mandate—and high expectations from the Gen Z movement that propelled it to power.

Such a view both overstates and understates the scope of Beijing’s ambitions.

Prices won’t just be higher at the pump.

Turning a popular idea from the American left outward.

The damage to energy infrastructure in the Gulf will have enduring impact.

Cheap autonomous weapons are overturning the economics of combat—and teaching the United States important lessons.

The United States is increasing its pressure, but Tehran can still shift to a war economy.

Americans are paying, reindustrialization isn’t happening, and China profits.

Chinese officials are being asked to do everything all at once.

Even as Trump wages war on Tehran, he’s reigniting his economic war against U.S. trading partners.

The bloc isn’t a geopolitical alliance, and it shouldn’t be expected to function like one.

From millionaire activists to G-20 proposals, efforts to combat wealth inequality are advancing across the United States and Europe.

Private Chinese capital is being locked out of mutually beneficial opportunities.

From multimillion-dollar munitions to surging oil prices, here’s how much the war is costing.

A growth target of 4.5 percent is the lowest in decades.

A breakdown of the tools Iran has to maintain pressure on Trump.

Big reserve releases, promises of escorts, and insurance can’t convince the market that the crisis will be over soon.

A manufactured crisis could lead to state collapse, with lasting consequences for the United States.

By waging war in the Middle East, Trump is set to further strain one of his key voter bases.

Fallout from the U.S.-Israeli attack reveals the weakness of Egypt’s dictator.

The Iran strikes will convince Beijing to double down on military growth.

Closing the Strait of Hormuz is a nightmare for global energy markets.

Each day of war that passes adds to the physical risks to global oil and gas, but so far markets have basically shrugged.

Replenishing stockpiles depends on vulnerable critical mineral chains.

The T20 World Cup has underscored that New Delhi is a schoolyard bully.

Iran’s survival strategy includes inflicting pain on its neighbors.

The $8 trillion air freight industry faces huge challenges due to the war in the Middle East.

The fallout from conflict in the Gulf will be much bigger than just oil.

The shortage of a popular regional specialty is shaking global meat markets.

The United States and Europe have found a rare area of cooperation.