Trade Archive

To surprise, relief or disappointment in various quarters, U.S. President Donald Trump managed to comport himself mainly with dignity and appropriate remarks when he encountered the global elite in Davos last week. At least he did during his formal speech, which was teleprompter Trump, not Twitter Trump, as he promoted investment in the United States and touted America’s economic growth. In a brief question-and-answer sessions after his speech, Trump quickly went off script, complaining about “how fake the press can be.” Many in the audience booed. But he still came away from Davos with generally high marks. Trump’s attendance at […]

Over the past five years, no country in Southeast Asia has challenged China’s regional strategic ambitions more assertively than Vietnam. Repeatedly standing up to Beijing’s aims in the South China Sea, Vietnam has attempted to allow foreign oil exploration in disputed maritime areas and, like China, built up the submerged reefs, small islets and banks it occupies and added installations, though on a much smaller scale. It has, at times, tried to work with its neighbors, such as the Philippines under former President Benigno Aquino III, to highlight what it sees as China’s illegal behavior in the South China Sea. […]

It’s not often that we’re treated to the spectacle of two worlds colliding, but U.S. President Donald Trump’s planned visit to Davos for the annual World Economic Forum this week promises to be just that. As if to add to the drama, a string of obstacles has sprung up complicating Trump’s trip. The U.S. government shutdown briefly threatened to derail it. Now a winter storm has dumped six feet of snow on the Swiss mountain retreat, making access difficult and raising the risk of an avalanche. If Trump’s visit does come off as planned, it will set the stage for […]

Editor’s Note: This article is part of an ongoing series about the production and trade of arms around the world. China, which in recent years has become the world’s third-largest supplier of arms after the United States and Russia, continues to expand its arms exports thanks largely to its relatively cheap weapons and military equipment. But that has also raised questions about how arms sales fit into China’s geopolitical ambitions, especially in Asia. In an email interview, Sam Roggeveen, a senior fellow at the Lowy Institute in Australia and an expert on the Chinese military, discusses the growth of China’s […]

On Dec. 7, French President Emmanuel Macron arrived in Qatar for a short yet very profitable visit. It took place in the wake of Qatari Emir Sheikh Tamim bin Hamad Al Thani’s own trip to Paris in September. During his eight-hour stay in Doha, Macron visited al-Udeid Air Base—the largest U.S. military base in the Middle East—where France also has a contingent of soldiers. He was then received at Sheikh Tamim’s administrative office, the Emiri Diwan, to discuss several matters of bilateral interest, as well as the diplomatic standoff in the Gulf, before flying back to Paris. Macron and Sheikh […]

On Jan. 1, China implemented a ban on the domestic sale and processing of ivory, following through on a plan it had announced more than a year ago. The move should effectively cut off one of the major centers of demand that has incentivized the poaching of African elephants. In an email interview, Grace Gabriel, the regional Asia director for the International Fund for Animal Welfare, explains why China decided to execute the ban, the likely impact on poaching and the remaining obstacles and risks to ending the ivory trade. WPR: Why has the Chinese government decided to implement a […]

Earlier this month, India’s Defense Ministry canceled a $500 million deal to buy Spike anti-tank guided missiles from Israeli defense contractor Rafael. According to reporting by Bloomberg, the decision was made in order to give an Indian state-run company “an opportunity to design, develop and manufacture its own anti-tank missile.” The cancellation adds to India’s long-standing reputation for having an unreliable and inefficient defense procurement process. In an email interview, Saurav Jha, an author and commentator on energy and security affairs and founder of Delhi Defence Review, explains what is wrong with the process, the reforms India has implemented and […]

Much has been made of French President Emmanuel Macron’s flair for public diplomacy, from his handling of U.S. President Donald Trump to his efforts to take the lead in global diplomacy on climate change. The latest illustration is his visit this week to China, where he lived up to expectations: In a French version of China’s celebrated “panda diplomacy,” Macron offered Chinese President Xi Jinping a prized horse from France’s Republican Guard as a gift. In his speech in Xian upon his arrival, Macron offered China shared leadership on climate change diplomacy and requested Beijing’s help in efforts to stabilize […]

Editor’s Note: This article is part of an ongoing series about the production and trade of arms around the world. In mid-December, the United Nations granted Russia an exemption to the arms embargo on the Central African Republic, after a petition from Moscow to supply the country’s embattled military with light arms and ammunition, according to reporting by the AFP. The second-largest arms exporter in the world after the United States, Russia already sells billions of dollars in weapons annually across Africa. In an email interview, Paul Stronski, a senior fellow in the Russia and Eurasia program at the Carnegie […]

The protests that have sprung up in cities across Iran over the past week have taken many observers by surprise. It was no secret that the underwhelming and unevenly distributed economic gains from the lifting of international sanctions after the 2015 nuclear deal had led to widespread discontent. But there was no catalyzing event to explain the public demonstrations on display this week, which are rare in Iran. For now, the protests raise more questions than they answer, beginning with what the protesters want and who—if anyone—is organizing and leading them. The first spontaneous demonstrations focused on economic grievances. But […]

In 2017, as the Trump administration turned its back on U.S. rapprochement with Cuba, the island deepened its relations with Russia, its longtime backer during the Cold War. Russian exports to Cuba were up 81 percent in the first nine months of 2017, and a possible agreement with Russian oil giant Rosneft may pave the way for Russia to supplant Venezuela as Cuba’s biggest energy supplier. In an email interview, William M. LeoGrande, a professor of government at American University in Washington D.C. and an expert on Latin American affairs, discusses renewed Cuba-Russia ties and the opportunities and obstacles ahead […]