As the U.S. doubles down on trade protectionism, it risks weakening the global trade system and harming the American businesses, workers and consumers it aims to protect.
Abu Dhabi has shown increasing discomfort with OPEC’s actions in recent years. Do diverging interests spell departure? Fellows Jim Krane, Kristian Coates Ulrichsen and Mark Finley weigh the risks and opportunities of an OPEC exit by the UAE.
Jim Krane, Kristian Coates Ulrichsen, Mark FinleyJune 1, 2023
What’s the cheapest, quickest way to reduce climate change without roiling the economy? In the United States, it may be by reducing methane emissions from the oil and gas industry.
How durable is the Saudi-Russian relationship, and what are its implications for the longstanding energy-for-security arrangement between Saudi Arabia and the U.S.?
Kristian Coates Ulrichsen, Mark Finley, Jim KraneOctober 18, 2022
By refusing to go along with an increased consumer subsidy fully available only for EVs and batteries produced in the U.S. with union labor, Sen. Manchin (perhaps with the assistance of Canada's government) has saved the U.S. government from what could have been a mortal blow to an integrated North American industry.
President Andrés Manuel López Obrador’s investment policies, which aim to return Mexico to the protectionist, state-led policies of the 1960s and 1970s, seem almost certain to stagnate the country’s economy.
Whereas the process for Canada, Mexico and the U.S. to resolve disputes under NAFTA proved highly ineffective, the equivalent procedures under the USMCA are working very well, explains David Gantz. Read his post on the Baker Institute Blog.
By subsidizing only electric vehicles and EV batteries produced by union labor in the U.S., the auto industry could face trouble in valuable trade partnerships with Canada and Mexico, writes fellow David Gantz.