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April 1, 2025

Trade
What Are Tariffs?

President Donald Trump has begun his second term imposing tariffs against some of the United States’ leading trading partners to correct what he says are decades of imbalances harmful to the U.S. eco…

A red-helmeted worker lays steel at a factory.

March 19, 2025

Trade
We’ve Been Looking at Trade All Wrong

There was once a broad consensus in Washington that trade was a force for good—a way to connect, grow, and prosper. But today, trade has evolved into something much bigger than just the exchange of g…

Podcast Cargo ship with shipping containers traveling through open water.

November 15, 2024

G20 (Group of Twenty)
What Does the G20 Do?

The Group of Twenty, an informal gathering of many of the world’s largest economies, is the premier global forum for discussing economic issues. It is facing continued divisions over trade, climate c…

World leaders sit around a circular table at the G20 summit in New Delhi, India.

August 15, 2024

Monetary Policy
What Is the U.S. Federal Reserve?

Over the past decade, the Fed kept interest rates low while it deployed trillions of dollars in stimulus and expanded its regulatory oversight. Now, the central bank is back in the spotlight for its …

A stone bald eagle perches on the Federal Reserve building in Washington, DC.

April 3, 2024

United States
What Does the U.S. National Guard Do?

The National Guard is a special part of the U.S. military that answers to both state governors and the president. While it began as a “strategic reserve,” the guard has come to play an important role…

A member of the National Guard patrols the southern U.S. border in Eagle Pass, Texas.

January 17, 2024

Technology and Innovation
The Crypto Question: Bitcoin, Digital Dollars, and the Future of Money

The dizzying rise of bitcoin and other cryptocurrencies has created new challenges for governments and central banks. Increasing popularity and high levels of market volatility have raised the stakes…

A technician inspects the backside of a bitcoin mining operation in Quebec, Canada.

September 18, 2023

Economics
Is Industrial Policy Making a Comeback?

The threat of climate change and the rise of China have prompted renewed debate about the U.S. government’s role in shaping the economy.

Workers assemble Ford vehicles at the Chicago Assembly Plant in Chicago, Illinois.

December 13, 2021

Supply Chains
What Happened to Supply Chains in 2021?

Pandemic-related disruptions threw a wrench into global supply chains this year, causing shortages of goods. Here’s how it happened.   

December 22, 2021

COVID-19
What Is the Defense Production Act?

Presidents Trump and Biden have turned to the Defense Production Act to procure critical medical supplies during the coronavirus pandemic. What does the law do?