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March 31, 2025

RealEcon
Tariffs Will Destroy the Best Cure for the Trade Deficit

US exports not only reduce deficits, they also bring higher-paying jobs and greater innovation. A tariff-driven trade war will hold back their growth. 

A cargo ship full of shipping containers is seen at the port of Oakland as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S.
Article by Shannon K. O'Neil Greenberg Center for Geoeconomic Studies

February 5, 2025

United States
What Trump’s Trade War Would Mean, in Nine Charts

President Trump’s tariffs on Canada, China, and Mexico could upend U.S. trade. These nine charts show what’s at stake, what comes next, and why it matters.

Article by Shannon K. O'Neil and Julia Huesa Greenberg Center for Geoeconomic Studies

January 28, 2025

Mexico
Destabilizing Mexico Would Make the U.S. Less Safe and Wealthy

Trump’s revival of his punitive immigration playbook will overwhelm Mexico’s overburdened state, sandbag regional economic growth and enrich criminal cartels.

Margelis Tinoco, from Colombia, remains in Ciudad Juárez after her asylum appointment in the United States was canceled.
Article by Shannon K. O'Neil Latin America Studies Program

February 14, 2025

Trade
What Trump’s Aluminum and Steel Tariffs Will Mean, in Six Charts

President Trump plans to impose fresh tariffs on all aluminum and steel imports, seeking to curb China’s growing dominance in global trade. These six charts show the tariffs’ potential economic effec…

A worker polishes steel bicycle rims at a factory that produces and exports bicycle parts, in Hangzhou, China.
Article by Shannon K. O'Neil and Julia Huesa Greenberg Center for Geoeconomic Studies

April 2, 2025

Daily News Brief
Trump’s Expected Tariff Announcement and Other Headlines of the Day

Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the day.  Subscribe to the Daily News Brief to receive it every weekday morning. …

A car carrier transporting vehicles made by South Korea's automaker Kia Motors which is a sister company of South Korea’s biggest automaker company Hyundai Motors, travels near Pyeongtaek port in Pyeongtaek, South Korea, April 2, 2025.
Article by CFR.org Editors

August 9, 2023

Latin America
A Ticking Clock for Latin America’s Nearshoring Opportunity

The window is still open for the region to benefit from the supply chain reshuffle—but not for much longer.

Panama Canal employees work in Panama City, Panama.
Article by Shannon K. O'Neil Latin America Studies Program

June 12, 2024

Latin America
Latin America’s Big Opportunity

Over the last three decades, economic growth in Central Europe, East and Central Asia, Southeast Asia, and Sub-Saharan Africa has outpaced growth in Latin America, where most economies have actually …

An aerial view of the brine pools and processing areas of the Soquimich lithium mine on the Atacama salt flat, the largest lithium deposit currently in production, in the Atacama desert of northern Chile, January 10, 2013.
Article by Shannon K. O'Neil Latin America Studies Program

December 13, 2023

Trade
South America Can Still Save Its Trading Bloc

Stalemate over a trade deal with the European Union has left Mercosur on life support. Its revival depends on spurring greater intraregional trade.

Brazil’s President Luiz Inácio Lula da Silva attends the 63rd Summit of Heads of State of Mercosur and Associated States, at the Museum of Tomorrow in Rio de Janeiro, Brazil, December 7, 2023.
Article by Shannon K. O'Neil Latin America Studies Program

November 4, 2022

Renewing America
The Globalization Myth

Globalization is taking a beating. Its diminishing number of defenders face a rising chorus of critics, particularly in the United States, that blame it for wage stagnation, increased inequality, and…

A container ship at a busy port. This image features at the top of Shannon O'Neil's article "The globalization myth" published in the Hill.
Article by Shannon K. O'Neil Renewing America