The Donald Trump administration is pursuing a flurry of activities designed to convey the impression that a wave of trade deals is underway. The announcement of an agreement framework with the United Kingdom was followed by talks between Secretary of the Treasury Scott Bessent and Chinese counterparts. The United States and China agreed to a…
May 12, 2025
Shipbuilding is quickly emerging as an area for potential cooperation between the United States and South Korea. The former needs ships, and the latter is a major manufacturer of them, which makes it natural that the two allies would partner on this issue. Ships are critical to facilitating international trade and defending the maritime lines…
March 25, 2025
The concept of reciprocity has garnered significant attention since the inauguration of U.S. President Donald Trump on January 20. One of his first actions was signing the America First Trade Policy executive order, which tasked the secretary of commerce with investigating the causes of the United States’ large and persistent trade deficit in goods and…
March 13, 2025
Since 2019, decoupling has been the keyword for the global economy. This trend mainly manifested around the US-China trade war, in which the two economies tried to reduce their economic dependency on each other. It had a tangible impact on global supply chains as multinational corporations shifted their production away from China. For instance, GoPro,…