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The Lasting Impact of Trump’s Tariffs
The U.S. attack on Iran has diverted attention from the tariffs the United States has applied liberally since Donald Trump took office in January 2025. While tariffs based on the…
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Who’ll Pay for Maritime Dominance?
The Trump Administration’s Maritime Action Plan, released on February 13, proposes to channel potentially enormous amounts of money into the flaccid U.S. shipbuilding industry. While the plan is far from…
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China Plus Two or Three
The point of trade agreements, above all, is to establish clear rules for cross-border commerce, so businesses can make sensible decisions about importing, exporting, and investing. One year into Donald…
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A Different Forecast
Those who follow international trade pay close attention to forecasts of economic growth, consumer spending, and business investment. No surprises there: it seems obvious that if consumers are spending freely,…
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Sustainable Shipping
The International Maritime Organization, one of the more obscure agencies of the United Nations, doesn’t normally get much attention in Washington. Its plan for international regulations to address climate change…
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Bloodbath
Since it first carried international trade in the 1960s, the container shipping industry has been notoriously cyclical: years of strong trade growth and strong profits have been followed by periods…