The United States is considering another round of tariffs on semiconductor imports, according to a report based on people familiar with discussions inside the administration. The proposal could extend beyond individual chips to products that contain semiconductors, including laptops, gaming… Read More ›
Geopolitics
Middle East War Raises Energy and Inflation Risks for Markets
Six months into the Middle East war, financial markets have absorbed a shock that initially appeared capable of triggering a much broader global crisis. The conflict disrupted oil production, restricted shipping through the Strait of Hormuz and damaged energy infrastructure… Read More ›
Iran-Oman Hormuz Deal Recasts Control Over Global Energy Routes
Iran and Oman have reportedly reached an understanding on how their respective waters and revenues connected to the Strait of Hormuz would be managed, according to Iran’s Revolutionary Guards. The announcement is significant not because it immediately reopens the world’s… Read More ›
US Tariffs Push Canada Toward a Costly Trade War
Canada and the United States are moving from prolonged tariff disputes toward a more direct trade confrontation after last-minute negotiations collapsed and Washington imposed a new 50 percent tariff on a range of Canadian goods. The breakdown is significant because… Read More ›
Pakistan Seeks a Diplomatic Exit as US Escalates Economic Pressure on Iran
Pakistan is stepping into an increasingly important diplomatic space between Washington and Tehran just as the United States prepares to intensify economic pressure on Iran. The visit to Tehran by Pakistan’s army chief, Field Marshal Asim Munir, comes at a… Read More ›
US Tariffs Turn Canada Trade Into A Strategic Confrontation
The United States has imposed 50 percent tariffs on a range of Canadian goods after Washington and Ottawa failed to reach a trade agreement, transforming a prolonged dispute between two closely integrated economies into a more serious confrontation. The immediate… Read More ›
Trump’s Iran Sanctions Threat Adds A Temporary Oil Risk Premium
Oil prices have risen as President Donald Trump threatens tougher sanctions against countries that continue trading with Iran, but the latest increase appears to be driven primarily by a temporary geopolitical risk premium rather than a fundamental collapse in global… Read More ›
Ukraine’s Economic Strikes Push Russia Toward A Wider War
Ukraine’s expanding campaign against Russian economic infrastructure is changing the character of the war by shifting more of the battlefield away from front-line positions and toward the industrial systems that sustain military operations. Russian President Vladimir Putin has warned that… Read More ›
Canada’s Tariff Retaliation Signals A Deeper North American Trade Rift
Canada’s decision to impose matching tariffs on selected American goods marks a significant escalation in the trade dispute with its largest economic partner. Prime Minister Mark Carney announced that Ottawa would respond dollar for dollar to new United States tariffs… Read More ›
Geopolitical Risk Shrinks Microsoft’s China Footprint as AI Sustains Access
Microsoft’s retreat from parts of its China business reflects a deeper problem facing American technology companies operating between two increasingly separate technology systems. The company has closed at least 15 offices and joint ventures over the past five years and… Read More ›