Trade Trends to Watch in 2026

A new year brings new developments in trade. Four CFR experts highlight the trade policies they will be monitoring in 2026. Check out what those are

Treasuries Could Be Europe’s Best Defense for Greenland

The region’s vast holdings of U.S. government debt give it leverage with the Trump administration, writes CFR Fellow Rebecca Patterson. Read her Financial Times piece

U.S. Economic Security: Winning the Race for Tomorrow’s Technologies

CFR’s latest Task Force Report outlines challenges for U.S. economic security and offers practical recommendations for prevailing in strategic competition over foundational technologies.

Fishman on Economic Chokepoints

In this edition of Global Institute Dialogues, Fishman discusses economic statecraft with Wilson Shirley, vice president of Goldman Sachs’s Global Institute. Read the discussion

How Economic Security Helped Drive Trump’s Tariff Wars

An expansive conception of national security goes to the heart of the slippery logic of economic security—a term so broadly defined that it threatens to become a catchall for the general welfare of the American people, writes CFR Fellow Inu Manak. Read her piece in Time magazine

The Economic Security Challenge

Jonathan E. Hillman, senior fellow for geoeconomics at CFR, sits down with Mary and David Boies Distinguished Senior Fellow in U.S. Foreign Policy James M. Lindsay to discuss the steps the U.S. government should take to support American firms developing critical new technologies such as artificial intelligence, quantum computing, and biotechnology, and protect them from predatory foreign challenges without stifling its own growth and innovation.

Pumping Venezuela’s Oil Will Prove Costly

President Donald Trump has set his sights on Venezuelan oil, but there are many economic and political obstacles to significantly ramping up the country’s oil production, writes CFR Fellow Brad W. Setser. Read the expert brief

China’s Currency Is Now Facing Substantial Appreciation Pressure

China wants a slow, managed move in its currency. The market—and China’s trading partners—will likely not be as patient, argues CFR Fellow Setser. Read his blog post