Trump administration

The road to de-escalation with Iran

There is an off-ramp for the ongoing conflict in the Middle East, but it requires taking economic incentives seriously

Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

Beijing’s calculated silence on the Iran war 

For China, the deeper strategic calculation is not about Iran’s survival, but about the shape of the emerging world order

Drugmakers will face a choice between absorbing the cost of tariffs or raising prices for their medicines.

Trump will impose 100% tariff on some patented drugs

[WASHINGTON, DC] The Trump administration will impose tariffs of as much as 100 per cent on certain imported medicines, albeit with several major exemptions, a maneuver to pressure drugmakers to manuf...

Trump’s comments and continued strikes on Iran complicate efforts by the US and partners to broker a deal with the Islamic Republic.

Trump threatens Iran infrastructure as he presses for a deal

The president has oscillated between casting diplomatic efforts as productive, and threatening further destruction

Pakistan’s emergence as a mediator is not merely opportunistic; it also rests on genuine structural advantages.

Pakistan’s pivotal moment: Peacemaker, partner, or tightrope walker?

It has emerged as a key interlocutor between the US and Iran, but its position is as precarious as it is prestigious

French President Emmanuel Macron (above) may be able to navigate a way through the disagreements, given his previous ability to befriend US President Donald Trump at key moments.

G7 gears up for growing role in Iran crisis

But potential divisions over various issues may pose the gravest test to allied unity in 50 years

Federal Reserve chair Jerome Powell intends to remain in his role until his successor is confirmed, but has not indicated whether he plans to remain as a Fed governor.
THINKING ALOUD

The clock is ticking on the Fed’s leadership change

A Senate impasse, criminal probe and unusual political pressure mean the transition may not be clean or quick

From the Middle East to Greenland, US President Donald Trump’s persistent foreign policy brazenness has sapped the trust of longstanding allies.

Are Asia and Europe at ‘Trump tipping points’?

Developments in Greenland and Iran have fed into a wider reassessment of US power in key Asian and European nations

The 1953 Nissho Maru incident is largely forgotten, but prefigured the great geopolitical emergencies of subsequent decades.

A forgotten crisis explains today’s oil shock

With oil and gas supplies soon running out, Iran’s US$2 million-per-ship fee for safe passage to non-hostile nations seems pretty competitive

The Supreme Court’s recent ruling rejecting US President Donald Trump's use of the International Emergency Economic Powers Act is likely to limit his ability to use discriminatory tariffs as a bargaining tool.
PERSPECTIVE

Trump’s tariff war has failed on every front

His tax programme, chaotically rolled out, shifts in its objectives and has wrecked world trade. At home, US producers are also suffering