Trade and International Business

Reciprocal tariffs, threats to global supply chains, and comparative manufacturing advantages have disrupted the established global trade system. CSIS scholars provide analysis and commentary on the international trading system and its institutions.

Photo: UPI/Bettmann/Getty Images

Photo: UPI/Bettmann/Getty Images

NATO’S Hidden Dividend and the Avoidable Cost of U.S. Withdrawal

NATO was designed to do more than provide security, it built deep economic integration that has become one of its least appreciated strengths. The economic gains are large, durable, and, in many cases, effectively self-financing relative to the costs of membership.

Commentary by Philip Luck, Karen Jackson , and Oleksandr Shepotylo — April 22, 2026

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Jen Berlin

Jen Berlin

Vice President, Economic Security and Technology Department
Phil Luck

Philip Luck

Director, Economics Program and Scholl Chair in International Business
Jerry McGinn

Jerry McGinn

Director, Center for the Industrial Base and Senior Fellow, Defense and Security Department
Karl Smith

Karl Smith

Senior Fellow, Economic Security and Technology Department
Hugh Nolan Grant-Chapman

Hugh Grant-Chapman

Fellow, Economics Program and Scholl Chair in International Business
Scott Miller

Scott Miller

Senior Mentor (Non-resident), Executive Education
William Alan Reinsch

William Alan Reinsch

Senior Adviser (Non-resident), Economics Program and Scholl Chair in International Business

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NATO’S Hidden Dividend and the Avoidable Cost of U.S. Withdrawal

NATO was designed to do more than provide security, it built deep economic integration that has become one of its least appreciated strengths. The economic gains are large, durable, and, in many cases, effectively self-financing relative to the costs of membership.

Commentary by Philip Luck, Karen Jackson , and Oleksandr Shepotylo — April 22, 2026

Ripple E-ffects

Powering the AI Economy

In this episode, Navin is joined by Ryan Goodman, CEO of Scale Microgrids, to discuss how rising electricity demand, data centers, and a strained U.S. grid are reshaping America’s energy future.

Podcast Episode by Navin Thukkaram and Ryan Goodman — April 22, 2026

Photo: CSIS

The Rule of Holes

In this week's column, Bill Reinsch describes the effect the war in Iran is having on energy prices, transitions to green energy, and vulnerabilities of Gulf states.

Commentary by William Alan Reinsch — April 22, 2026

The Trade Guys

Hormuz Blockade Impacts and Trump's New Tariff Playbook

On this episode of the Trade Guys, Bill and Scott unpack the latest on the economic impacts of the blockade of the Strait of Hormuz. They also look at the Trump administration's efforts to implement tariffs under Sections 122 and 301.

Podcast Episode by Alex Kisling, Scott Miller, and William Alan Reinsch — April 20, 2026

CSIS The Trade Guys

Reining in the Export Control Arms Race

Export controls are evolving from a national security policy tool to an instrument of economic coercion. When Trump and Xi meet next in May, reining in the arms race should be at the top of the agenda.

Commentary by Kate Koren, Scott Kennedy, Philip Luck, and Ilaria Mazzocco — April 10, 2026