The EU–Mercosur Trade Deal: Strategic Logic Meets Political Reality

Free trade agreements tend to be debated like theology: one side speaks of “prosperity,” the other of “betrayal,” and both sides cherry-pick numbers. The EU–Mercosur deal deserves a more sober appraisal, because it’s not just a trade pact. It’s an attempt to rewire supply chains, industrial strategy, and geopolitical alignment in a decade when tariffs…

Missed Opportunity: Why Biden’s Block on Nippon Steel’s Bid for U.S. Steel Hurts America

President Biden’s decision to block Nippon Steel’s $14.9 billion bid for U.S. Steel might seem like a patriotic stand for national security, but let’s take a step back and ask ourselves: did this decision really serve America’s best interests? Spoiler alert—it didn’t. Nippon Steel, Japan’s premier steelmaker, wasn’t looking to strip U.S. Steel down for…