The first round of Trump tariffs, which still built on traditional trade wars, involved mainly Canada, Mexico and China. The second round began with “reciprocal tariffs”, which are unilateral, flawed as stated and wrongly calculated. This round covers most trading economies worldwide. But the trade wars will drastically …
Read More »Reforging Armenia: Crossroads to Clout
Armenia’s rugged terrain at the South Caucasus nexus — bridging Europe, Asia, and the Middle East — teeters between peril and promise. It straddles a hazardous crossroads of vital trade corridors, where it could emerge as a connector economy in a fracturing world of geo-economic blocs. Stability here …
Read More »De-Dollarization & BRICS: A New Global Power Shift?
In recent years, the term “de-dollarisation” or trade in non-dollar currencies instead of the US Dollar has begun to draw attention in discussions on international affairs. This has increased even more so after US President Donald Trump’s threats to countries pursuing ‘de-dollarisation’. Apart from warning countries against “de-dollarisation”, Trump …
Read More »Understanding the Shift in US Tariff Policies
On April 2, 2025, the United States under President Donald Trump unveiled a sweeping tariff policy, instituting a baseline 10% levy on all imports, with select nations subjected to markedly higher rates. Pakistan, a longstanding ally, now confronts a staggering 29% tariff on its exports to the US—a …
Read More »The alternative of unrestricted Chinese trade to the wave of protectionism
Giancarlo Elia Valori At the end of last March, Xi Jinping warmly welcomed the arrival of representatives from the international business community and expressed appreciation for their long-term commitment to cooperation with China. Xi Jinping emphasized that in the 70 years since the founding of the People’s Republic …
Read More »U.S. Security Dilemma amid China’s Military Resurgence
On December 26, 2024, the world was surprised by the appearance of an airshow of a Chinese fighter jet, which is allegedly a prototype of China’s sixth-generation fighter jet. This sparked concern for the United States because the United States had previously predicted that China would still need …
Read More »Artificial Intelligence, China, and America’s Next Industrial Revolution
China’s approach to Artificial Intelligence offers American policymakers many valuable lessons. The United States has faced defining moments before, such as two world wars, a cold war, economic stagnation in the 1970s, the rise of Japan in the 1980s, and the aftermath of 9/11. But today’s competition with …
Read More »Will Turkey Deploy Its Russian-Made S-400 Air-Defense System in Syria?
Ankara has been negotiating with the new Syrian provisional government to take control of the base, where it could be in a better position to engage ISIS (Islamic State) forces that still maintain a stronghold in the region. The Turkish military could use the T-4 as a drone …
Read More »An America First Approach to Syria
We should accept that we cannot solve Syria’s problems, at least not right now, and so should not waste precious time and resources on local politics. America has struggled since President Obama to get Syria policy right, largely because of being overwhelmed by a long list of critical …
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