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The top U.S. diplomat began a two-day trip amid accusations from Beijing that Washington alone is to blame for the historic rupture in relations.

U.S. imports rose in April, but manufacturers and retailers are seeking to diversify their supply chains as U.S.-China tensions pose a risk.

David Wessel joins host David Dollar to discuss what’s in the debt ceiling deal reached between President Biden and House Speaker Kevin McCarthy. Wessel explains the deal’s broad provisions, it’s impact on fiscal policy, and whether it resolves the long-term budget and debt issues.

US National Security Advisor Jake Sullivan's speech is another signal of the threat to global trade posed by the return of industrial policy to the North Atlantic.

The United States' focus on domestic industrial policy is unlikely to achieve its economic or national security objectives, writes David Dollar (Brookings Institution).