U.S. world trade has grown steadily over the past decade. In 2017, the United States exported $2.4 trillion in goods and services and imported $2.9 trillion. Since 2009, when trade flows declined sharply in the midst of the financial crisis, U.S. exports have grown—in nominal terms—48.5%, while U.S. imports have grown 47.6%. More broadly, since… Continue Reading U.S. Trade with Major Trading Partners
The European Union (EU) is a unique partnership in which member states have pooled sovereignty in certain policy areas and harmonized laws on a wide range of economic and political issues. The EU is the latest stage in a process of European integration begun after World War II, initially by six Western European countries, to… Continue Reading The European Union: Ongoing Challenges and Future Prospects
Widespread concerns exist among analysts and policymakers over the current trajectory of democracy around the world. Congress has often played an important role in supporting and institutionalizing U.S. democracy promotion, and current developments may have implications for U.S. policy, which for decades has broadly reflected the view that the spread of democracy around the world… Continue Reading Global Trends in Democracy
The “America First” approach to foreign policy seems to call into question the value of institutions like the North Atlantic Treaty Organization (NATO) and the European Union (EU). However, in a more competitive and uncertain strategic environment, NATO and the EU remain vital to promoting U.S. interests.
Russian deployment of the 9M729 missile violates the INF Treaty. The United States and Soviet Union signed the Intermediate-Range Nuclear Forces (INF) Treaty in December 1987. Negotiations on this treaty were the result of a “dual-track” decision taken by NATO in 1979. At that time, in response to concerns about the Soviet Union’s deployment of… Continue Reading Russian Compliance with the Intermediate Range Nuclear Forces (INF) Treaty