In an era of trade protectionism and negative sentiment towards globalization, Israel is continuing its liberal approach, further opening its economy to global multinationals, trade, and investment. While its traditional trade partner from the West and its rising trade partner from the East are fighting a trade war, Israel remains neutral, allowing Israeli companies to seize more opportunities for trade and investment.

Trade has gone from being a ballast stone to an albatross.

Trump’s trade wars will disrupt global trade.

Trump's protectionism is destined to endure because there is no compromise solution, James Nolt argues. Trump's idea of the problem is too far removed from reality to allow his tariff pressure to succeed.

Playing a game of chicken, the two countries are just like two cars racing to each other, expecting the opponent to dodge at the last minute. Given the low speed, there will be limited damage even if no one dodges. But more rounds of collision with higher speed will inflict more serious damage on both.

As the Chinese economy becomes larger and more international, the externalities of the Chinese mode have challenged the international market. While assessing the Chinese model, I believe it necessary to de-ideologize, and draw upon the lessons of East Asia.

As the international order moves from an era of US-led hegemony to one of multipolarity, overlapping spheres of influence will increase the chances of economic and political friction. Global prosperity requires that the multilateral free-trade system be maintained and strengthened, and this can be achieved only if the national security interests of regional powers are assured.

China and US should find a way to manage their disputes without stumbling into a trade war.

With the United States suddenly cutting funding for international development projects, China faces a clear path to uncontested leadership in energy investment. Looking far beyond the already-ambitious goals laid out in the One Belt One Road initiative, Beijing has now announced another: financing a global power grid.

The next China-EU summit to be held in Beijing on July 16-17 will be used by leaders of the two sides to send a strong message against U.S. protectionism, signaling a change in EU-Chinese relations.