Asia | Featured Articles

Trade Casualties Mount: A New Strategy Is Required To Change Chinese Behavior
World | Friday, August 03, 2018

Trade casualties are mounting in both the United States and abroad as President Trump’s tariffs against imports from China, as well as from our allies, begin to be felt. Earlier we reported that U.S. steel producing industries, which employ approximately 140,000 workers, likely would benefit at the expense of the much greater U.S. steel-using industries, which employ 5.5 to 6.5 million U.S. workers. But recent reports indicate that even these U.S. steel producers are experiencing new difficulties as a result of the tariffs.

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The Korean Crisis Can Only Get Worse
World | Friday, May 25, 2018

President Donald Trump shocked foreign policy professionals during his presidential campaign when he stated that he was willing to talk to North Korea’s Kim Jong-un. Earlier this year, he took up Kim’s surprise summit offer, resulting in the foreign policy shocker of the year.

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The Coming Trade War?
Economy | Saturday, April 28, 2018

Donald Trump was not the first U.S. presidential candidate to blame foreigners and their trade practices for America’s real and imagined economic woes. That is a time-honored tradition of U.S. electoral politics. But Trump is the first president — at least since Congress began delegating parts of its trade policymaking authority to the executive branch a century ago — to actually believe that protectionism will make America great. That alone makes trade war likely. Add a heaping sense of nationalist grievance and trade war appears imminent.

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China and the United States Need a Free Trade Agreement
Trade & Finance | Monday, April 09, 2018

President Trump’s recent decision to impose tariffs on imports of steel and aluminum was met with Chinese tariffs on U.S. products and agricultural goods. In turn, this has escalated with each country identifying additional barriers to trade. To prevent a damaging trade war, and for our mutual long-term benefit, the United States and China need to negotiate a free trade agreement.

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The Real Reason North Korea May Start a War
World | Tuesday, August 01, 2017

If you listen to the administration today you would think America was a small, virtually defenseless country threatened by a gaggle of hostile great powers. The latest national-security crisis involves the vast, globe-spanning empire of North Korea. Director of National Intelligence Daniel Coats declared on NBC that the North “has become a potential existential threat to the United States.” He apparently sees Pyongyang’s armored divisions, aircraft carriers, air wings and nuclear-tipped missiles encircling the beleaguered United States.

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Over the Edge and into the Abyss for US-China Trade Relations?
U.S. | Thursday, February 16, 2017

Trade frictions are nothing new to the U.S.-China relationship. Over the years they’ve ebbed and flowed, but were managed with enough deft to avoid major meltdowns. That seems likely to change under President Donald Trump, an economic nationalist who sees trade as a zero-sum game and the United States emerging “the winner” of a trade war with China.

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The World’s Most — and Least — Miserable in 2016
World | Sunday, January 22, 2017

What countries are the most and least miserable? In what follows, I update my annual Misery Index calculations. A Misery Index was first constructed by economist Art Okun as a way to provide President Lyndon Johnson with a snapshot of the economy.

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Does America Need Rodrigo Duterte?
Politics | Friday, October 28, 2016

America's alliance structure in Europe and Asia dates back more than six decades. A few of the smaller, less viable organizations collapsed (CENTO, SEATO), but since the end of the Cold War, Washington has expanded rather than contracted its treaty obligations. That includes in the Philippines, which two years ago approved a new agreement providing the U.S. military with bases and joining in exercises.

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Factors Depressing Economic Growth Not Receding
Economy | Saturday, September 24, 2016

Many factors are impacting economic growth. And volatility tops the list. According to a McKinsey Global Survey of executives, “Over the next five years nearly all respondents expect a disruption in the global economy due to volatility. And they are much likelier now — 43 percent, up from 29 percent in 2013 — to expect that potential disruptions to the economy will be very severe.”

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The Trans-Pacific Partnership Is Essential to Regional Peace and Prosperity
U.S. | Saturday, July 16, 2016

What world-changing behemoth that begins with the letter “C” presents the greatest threat to U.S. commercial and strategic interests in the Asia-Pacific region? Wrong. Even in the wake of this week’s potentially provocative tribunal ruling against Beijing’s territorial claims in the South China Sea, the greatest threat remains Congress, not China.

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