As geopolitical tensions rise, competition for the cutting-edge science and talent that underpins advanced technology has heated up. The United States, China, and other major powers now regard leadership in areas like AI, semiconductors, quantum technologies, and biotechnology as central to military capability, economic security, and ideological influence.

Another great transformation is underway in China. The world’s factory is fast becoming its first electro-state, with an economy increasingly built on clean energy, AI, advanced manufacturing, and control of key strategic materials. This new model is full of promise, though it faces major challenges.

A world order without the United States has been discussed widely. One example relates to reform of the World Trade Organization, whose dispute settlement mechanism has been paralyzed by the U.S. since 2019. Now there could be a solution.

Brussels is retreating from the very multilateral order it once championed. The challenge now is enabling European companies to thrive within a competitive environment. True strategic autonomy will not be achieved through protectionism disguised as regulation.

The impact on the global economic and trade landscape is unmistakable. These tariffs will establish trade frictions a a new normal and drive global supply chains toward some form of decoupling. They may also provoke countermeasures from other economies, especially given the constrained role of the WTO.

When Japan’s new prime minister Sanae Takaichi took office, she pledged to focus on economic improvement. After her Taiwan comments, new missteps could prove costly to Japan, the region, even the world.

In a few short years AI technology has already become a legitimate threat to the earth’s environment. Without guardrails put in place, the competition between the U.S. and China could outstrip current infrastructure.

In an era marked by trust deficits at the national level, individual businesses have emerged as key vehicles for pragmatic coexistence. Their fundamental rationality may make them, under certain conditions, the only entities capable of maintaining equilibrium.

The Trump administration is fundamentally transforming the relationship between the private sector and the U.S. government. As American capitalism evolves, the underlying logic of the global economy is quietly changing with it.

High import duties on Chinese goods have become the new normal for the United States. While there’s lots of talk about renewed stability with China after the presidents met in South Korea, but the world’s two largest economies appear to be learning how to live apart.