Editor’s note: Guest columnist Neil Bhatiya is filling in for Judah Grunstein, who will return next week. The Trump administration should take heed of the potential economic pitfalls of its impending showdown with Iran over the 2015 nuclear agreement. A failure by the United States to recertify Iran’s compliance with the nuclear deal would mean the reimposition of sanctions, a move that will only end up isolating the U.S. internationally. If Trump declares Tehran in breach of the nuclear agreement, Washington must be prepared to go it alone, because Iran, and its oil industry, will fight a U.S. snapback of […]
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MEXICO CITY—When President Donald Trump announced his willingness to renegotiate the North American Free Trade Agreement in May, having previously vowed to withdraw the United States from the pact, officials in Mexico and Canada scrambled to rescue a deal that advocates argue has produced overwhelmingly positive benefits for all three members. Indeed, many believe that the talks, which began in Washington in August and will continue through the end of the year, represent a historic opportunity to not only save NAFTA, but also revamp the agreement for the 21st century. Yet on the same day that the negotiations began earlier […]
When a group of four Arab countries led by Saudi Arabia launched a dramatic diplomatic gambit by severing ties with Qatar in early June, the crisis immediately commanded the world’s attention. The leaders of major powers, from Washington to Paris and Beijing, recognized the situation’s high stakes and—with the exception of some early-round Twitter provocation from U.S. President Donald Trump—began pushing for a resolution. In Africa, too, the Gulf spat drew swift responses, with countries such as Mauritania and the Comoros following Riyadh’s lead and breaking ties with Doha, while others staked out less forceful positions or promoted dialogue. Meanwhile, […]