Trade and Security

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Asia Pacific

Korea and Japan Clash Over History and Law

South Korea and Japan, two of America’s closest allies, are tumbling into a dangerous economic-diplomatic war over a South Korean Supreme Court decision that ordered Japanese corporations to compensate Korean forced-labor victims from World War II. At the heart of the dispute is a legal disagreement over a 1965 treaty that triggers centuries of bad blood and spiritual animosity between the two countries.

Trade and Security

Introducing a New Paper on ‘Weaponized Interdependence’

Last month, Ellie Geranmayeh and Manuel Lafont Rapnouil wrote a report for the European Council on Foreign Relations, arguing that Europe needed to hit back hard against U.S. secondary sanctions targeting Iran. They recommended that Europe consider measures such as creating new financial channels outside U.S. control, investigating European companies that comply too readily with U.S. threats and targeting U.S. companies in retaliation for sweeping U.S.

Trade and Security

The Legal Authority Behind Trump’s New Tariffs on Mexico

On May 30, the White House announced yet another new policy aimed at addressing the purported crisis of unlawful immigration across the U.S.-Mexico border. President Trump’s statement proposes a dramatic new strategy—putting tariffs on U.S. imports from Mexico unless and until Mexico takes steps to reduce illegal immigration into the United States:

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