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 ›
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 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 ›
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 ›
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 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 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 ›
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 ›
Global oil reserves are facing an unprecedented test as the United States-Iran war continues to disrupt production, exports and shipping routes across the Gulf. The immediate question is not whether the world has enough oil underground, but whether enough usable… Read More ›
The Trump administration’s latest trade action on polysilicon marks a significant expansion of its strategy to challenge China’s industrial dominance. By combining a 15 percent tariff with minimum import prices on polysilicon and several downstream products, Washington is attempting to… Read More ›
