Globalization continues—the widespread predictions of its death were wildly premature. But this is nothing to celebrate. The current round of globalization is in fact largely the product of “unhealthy ...

Add Yahoo as a preferred source to see more of our stories on Google. Commerce Secretary Howard Lutnick told attendees at this year’s World Economic Forum that “globalization has failed the West,” ...

In 2023, the U.S. experienced a trade deficit of $773 billion, with China as its largest trade creditor. The U.S. trade deficit has steadily grown since 2009, regardless of which party held the ...

The Berlin Wall’s fall was a unique moment in geopolitical history, ushering in an era of unipolarity as the United States became the world’s hegemon. But it also heralded an unprecedented economic ...

Foroohar is an assistant managing editor at TIME and the magazine’s economics columnist. She’s the author of Makers and Takers: The Rise of Finance and the Fall of American Business. Early this month, ...

At the moment of writing, the fourth anniversary of Russia’s full-scale invasion of Ukraine is only four months away. At the same time, Israel has resumed bombing Gaza after the failure of a weak U.S.

Tariffs, Subsidies, and the Struggle to Shape the Next World Order: Antonio Gramsci, an Italian political thinker writing from a fascist prison cell in the 1930s, captured something timeless about ...

From trade wars to technological revolutions, some decisions didn't just shift markets '€” they rewrote the rules entirely.

Tariff hikes across the board, political interference through trade threats, pressure on US multinational corporations, supply chain disruptions—these are among the ways the Trump administration is ...