War in Iran
Photo: Amirhossein KHORGOOEI/ISNA/AFP/Getty Images
About one-third of the Trump administration’s $87.6 billion supplemental request is driven by costs related to the Iran war. The remainder funds other administration priorities, both defense and domestic. Some war costs will have to be covered by other budget mechanisms.
by Mark F. Cancian and Chris H. Park
War in Ukraine
by Marcus Welsch, Yasir Atalan, Benjamin Jensen, and Erik Tiersten-Nyman
by Seth G. Jones and Riley McCabe
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Global Foresight: Geopolitical Risk and Scenario Planning
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The United States has announced 50 percent tariffs on $20 billion worth of Canadian imports. If enacted, the measures would have implications for economic welfare and trade diversification in both countries.
Commentary by Philip Luck — July 21, 2026
Photo: Jim WATSON/AFP/Getty Images
On July 20, President Trump formally invoked Section 338 of the Tariff Act of 1930 for the first time to impose 50 percent duties against a significant range of Canadian products. Our experts explain the statute and its global implications.
Critical Questions by Christopher Gundermann, Hugh Grant-Chapman, and Diego Marroquín Bitar — July 21, 2026
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by Carol Kuntz and Lauryn Williams
by Jane Nakano
by Daniel Byman and V.S. Subrahmanian
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Defense and Security
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Ukraine War
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