Trade Archive

Last week, Turkish President Recep Tayyip Erdogan touched down in Luanda, Angola, for the first leg of a four-day, three-nation diplomatic tour of Africa. After meeting with Angolan President Joao Lourenco, the Turkish leader continued on to West Africa, where he met with his Togolese counterpart, Faure Gnassingbe, before concluding his trip in Nigeria with a bilateral meeting with President Muhammadu Buhari. Throughout the tour, Erdogan—who has now visited nearly 30 African countries—highlighted the importance of cooperation between Turkey and Africa, and emphasized the prospects for increased partnerships. He also signed a swathe of bilateral agreements, including one for the […]

In remarks earlier this month that laid out her approach to negotiations with Beijing, U.S. Trade Representative Katherine Tai said she intended to have “frank conversations” with her Chinese counterpart, but that “our objective is not to inflame trade tensions with China.” Tai went on to outline how the U.S. can sustain what she called “durable coexistence” with Beijing. This week on the Trend Lines podcast, Ali Wyne, a senior analyst at the Eurasia Group, joined WPR’s Elliot Waldman to unpack the Biden administration’s approach to trade talks with Beijing, and what it says about the broader state of play […]

Editor’s Note: This is the web version of our subscriber-only weekly newsletter, China Note, which includes a look at the week’s top stories and best reads from and about China. Subscribe to receive it by email every Wednesday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. GDP data released Monday by China’s National Bureau of Statistics confirmed that the country’s economic recovery from the impact of the coronavirus pandemic is losing steam. The Chinese economy grew by just 4.9 percent in the third quarter of 2021, compared with the same quarter last year. Although some […]

Earlier this month, senior U.S. and Chinese trade negotiators held a virtual round of talks to discuss concerns over the state of bilateral commercial ties. The meeting came after U.S. Trade Representative Katherine Tai said in public remarks that she would seek “frank conversations” with her Chinese counterpart “that will include discussion over China’s performance under the phase-one agreement,” which was negotiated under former President Donald Trump. The Chinese side said it pressed Tai to cancel the tariffs that were imposed by Trump and which so far remain in effect under President Joe Biden. The dynamic around these talks says a […]

Four years ago, at a Track II dialogue between German and American diplomats and analysts, a German colleague of mine explained his firm belief that his country—and, by extension, Europe as a whole—could use geoeconomic tools to regulate and blunt Russia’s geopolitical ambitions. Europe’s need for natural gas, he said, was balanced by Russia’s need to sell. A European strategy of energy diversification would therefore give the West leverage over Moscow, which would not want to risk its access to European markets by making bold political plays. The plan was for European governments to encourage gas utilities to shift from […]

Editor’s Note: This is the web version of our subscriber-only weekly newsletter, Africa Watch, which includes a look at the week’s top stories and best reads from and about the African continent. Subscribe to receive it by email every Friday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox. For the first time since the inaugural event in 1973, the Franco-Africa Summit—rebranded as the New Africa-France Summit, or as some referred to it on Twitter and other social media platforms, #AfricaFranceRemix—did not feature a single African head of state or government, or ministerial delegation. Instead, the […]

On Sunday, for the fifth time since the U.S. invasion that ousted Saddam Hussein in 2003, Iraqis voted in elections. Initial results suggest that the big winner was nationalist cleric Muqtada al-Sadr, whose political formation once again emerged with the most seats in parliament. Parties aligned with pro-Iranian militias were the big losers, seeing their vote totals plummet. But with turnout at a record low 41 percent of registered voters, the election is being seen as an expression of Iraqis’ disillusionment with the state of the country’s electoral politics. The elections were the culmination of a political process triggered by […]

Two weeks ago, an altercation broke out at a gas station in London and quickly escalated. One of the men involved drew a knife. The other rammed him with his car. As the driver tried to retreat, the first man kicked at his side mirror, leaving it hanging limply as the car reversed back into the street.  Fights in a major city like London are not unusual, but the cause of this one was: The two men were arguing over access to gasoline that was suddenly in short supply in many parts of the country. And it was by no means the […]

While the Biden administration tries to navigate the domestic political obstacles to implementing the president’s so-called Build Back Better plan, it has quietly started laying the groundwork for a parallel program with major geopolitical implications. Just getting off the ground, Build Back Better World, or B3W, is a plan to improve global infrastructure, widely defined, with an eye to not only raise living standards but, just as importantly, to counter China’s growing influence. The idea was formally announced by the Group of Seven leaders during the G-7 summit last June. It aims to take on China’s high-profile Belt and Road Initiative, or […]

Editor’s Note: This is the web version of our subscriber-only weekly newsletter, Europe Decoder, which includes a look at the week’s top stories from and about Europe. Subscribe to receive it by email every Thursday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your inbox. As the weather gets colder in Europe, policymakers are this week turning their attention to an increasingly worrying situation affecting energy prices across the continent. There are fears of a “winter of discontent” due to astronomical heating costs, saddling citizens with huge bills amid the ongoing recovery from the economic effects of the […]

Editor’s Note: This is the web version of our subscriber-only weekly newsletter, China Note, which includes a look at the week’s top stories and best reads from and about China. Subscribe to receive it by email every Wednesday. If you’re already a subscriber, adjust your newsletter settings to receive it directly to your email inbox.  Households and factories across 20 provinces in China are reeling from the worst power crunch in a decade. In Shenyang, the capital city of Liaoning province and one of the most severely affected areas, schools have turned off the lights and sent children outside to […]

In early September, Russian President Vladimir Putin appeared at the Eastern Economic Forum in Vladivostok, a port city on the Pacific coast, to issue a call to action. Russia, he said, needed a new generation of pioneers to revive the country’s eastern frontier. “The development of the Far Eastern region is of huge importance to Russia,” Putin said, urging the assembled businesspeople to invest in the region. No less than “the development of our country not [just] for decades, but for centuries to come” depended on it, he added.  Nearly 30 years after the collapse of the Soviet Union, Russia’s […]

Editor’s note: This is the web version of our subscriber-only weekly newsletter, Middle East Memo, which takes a look at what’s happening, what’s being said and what’s on the horizon in the Middle East. Subscribe to receive it by email every Monday. If you’re already a subscriber, adjust your newsletter settings to receive it.  The regime of Syrian President Bashar al-Assad has been steadily pushing toward normalizing relations with a number of the states that had formally supported the opposition after the outbreak of Syria’s civil war 10 years ago. Two significant milestones this week suggest that momentum is shifting […]