America's Inflation Puzzle, Global Trade Trends, and the US-Korea Alliance

January 25, 2020

The Federal Reserve Building is reflected on a car in Washington.

Inflation in the United States has been low and relatively stable in the last three decades. Is this a temporary phenomenon or a long-lasting one? New research from the Hutchins Center sheds light on the key factors at play and outlines how policymakers can respond.

How has global trade policy shifted over the past 3 years?

Though trade between the United States and China accounts for only 5 percent of global trade, the trade war between them has had a tangible effect on free trade across the globe. Simon Evenett and Johannes Fritz identify global trade trends created by the U.S.-China trade war that their new trade agreement will not remedy.

Don't gut the US-South Korea alliance

The United States and South Korea have a tightly woven military command and control system that has worked for the two countries for over a dozen years. Michael O'Hanlon writes about why plans to change this system—especially now while the alliance is vulnerable—would be a mistake.

Experts on impeachment

Building the case. "Emphasizing the procedural irregularities surrounding Trump's decisions on Ukraine is unlikely to improve the odds that he will be removed or disqualified by the Senate. But it will help make clear why this impeachment is no mere policy dispute," writes Scott Anderson in Defense One.

The stakes for U.S.-Ukraine relations. As Republican lawmakers defend President Trump on Capitol Hill, Steven Pifer warns that repeating the false claim that Ukraine interfered in the 2016 U.S. election threatens the strong bipartisan support that Ukraine has enjoyed since the 1990s.

A new podcast on the trial. Don't have time to sit through the daily grind of lengthy testimony in the Trump impeachment trial? This week, Lawfare and Goat Rodeo launched The Impeachment, a daily cut of the impeachment trial distilled to a manageable and accessible podcast.

Listen to the latest episode and subscribe on Spotify or Apple Podcasts to stay up-to-date with the latest developments.

The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars.

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