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Global Economy

Why Is the G20 Crucial to US Global Leadership?

In the News
US Chamber of Commerce
Leslie Vinjamuri

"it takes a lot of cooperation to stabilize a global economy and to move forward on key issues which I think the US has a genuine interest in," Leslie Vinjamuri explains.

Leslie Vinjamuri speaks with Jay Sapsford via video US Foreign Policy

How Trump’s Latest Tariffs Could Affect Chicagoans

In the News
WBEZ
Cécile Shea

"It's going to hit in ways small and large all across the board. Almost everything that you buy is going to be affected," Cécile Shea says.

Cranes unload shipping containers from trucks at Jakarta International Container Terminal in Indonesia
Tatan Syuflana / AP
Global Economy

How US Approach to Iran-Israel Conflict Could Impact Illinois

In the News
WBEZ
Cécile Shea

"Keeping the Strait of Hormuz open and keeping that region relatively calm is really important to manufacturers in Chicago and to all of us who have to pay for gas," Cécile Shea says.

Reporters take photos of a graphic displaying information on Operation Midnight Hammer
Alex Brandon / AP
US Foreign Policy

Ties Unwound: The Rise and Fall of Canada-US Trade Liberalization

BLOG
Running Numbers by Sam Dong

Decades of integration between the two North American neighbors risks coming undone.

In this Nov. 30, 2018 file photo, President Donald Trump, center, sits between Canada's Prime Minister Justin Trudeau, right, and Mexico's President Enrique Pena Nieto as they sign a new United States-Mexico-Canada Agreement
Martin Mejia / AP
Global Economy

Trump's Middle East Tour, Peace Talks in Disarray, Trade War Ceasefire

Video Series
World Review with Ivo Daalder

Matt Kaminski, Prashant Rao, and Anna Sauerbrey join guest host Carla Anne Robbins to discuss the week's top news stories.

President Donald Trump and UAE President Mohammed bin Zayed Al Nahyan (right) tour the Sheikh Zayed Grand Mosque in Abu Dhabi, UAE on May 15, 2025.
Alex Brandon / AP
Global Economy

Easing Chinese Tariffs, Defying Judicial Orders, Wobbling German Government

Video Series
World Review with Ivo Daalder

Lee Hockstader, Andrew Roth, and Felicia Schwartz join Ivo Daalder to discuss the week's top news stories.

El Salvador's President Nayib Bukele shakes hands with President Donald Trump in an Oval Office meeting on April 14, 2025.
Pool / AP
Global Economy

US-China Trade War, Tariff Whiplash, Iran Talks

Video Series
World Review with Ivo Daalder

Prashant Rao, Liz Sly, and Giles Whittell join Ivo Daalder to discuss the week's top news stories.

Chinese President Xi Jinping gestures during the opening session of the National People's Congress at the Great Hall of the People in Beijing, China on March 5, 2025.
Ng Han Guan / AP
Defense and Security

What Do Trump's Tariff Policies Mean for Illinois and the National Economy?

In the News
The 21st Show
Cécile Shea

"When you have a week like we've had with the stock market dropping that amount, it scares people, so they stop buying things," Cécile Shea says.

A shopping cart filled with groceries sits in an aisle at an Asian grocery store in Rowland Heights, Calif.
Jae C. Hong / AP
Global Economy

Trade War Keeps Cost-Conscious Americans on the Edge of Their Seats

BLOG
Running Numbers by Coauthors

Most think Trump is focusing too much on tariffs and not enough on the rest of the economy. A few, however, think trade barriers are worth the price.

A US flag is shown in front of a container ship at the Port of Los Angeles
Damian Dovarganes / AP
Global Economy

When It Comes To Free Trade, The Market Doesn't Always Know Best

In the News
World Politics Review
Paul Poast

Restrictions on international economic flows—like Trump's tariffs—seem to be obviously bad. But politically speaking, that isn't always the case, Paul Poast argues.

cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma
Ted S. Warren / AP
Global Economy