A great question, still unanswered, is how Democrats will respond. At some point, they will need a muscular economic vision ...

After Trump unveiled Liberation Day tariffs on most countries — with some exceeding 100% — major market indexes entered bear market territory. The CBOE Volatility Index, also ...

The first month of trade negotiations has not produced a trade deal, and the longer the takes to make these trade deals, the ...

India has launched airstrikes on Pakistan in retaliation for a terror attack last month. Pakistan has vowed to respond.

We model the competition between digital forms of fiat money and private digital money (PDM). Countries strategically digitize their fiat money — upgrading existing or launching new payment systems ...

We study the role played by Chinese state–owned firms during the US–China trade war. Based on measures constructed from Chinese firm–level customs microdata, we show that the presence of state–owned ...