Will Retaliation Work for Europe? It’s a Gamble.

Will Retaliation Work for Europe? It’s a Gamble.

The European Union is responding to President Trump’s sweeping trade war with a handshake and a punch: It is promising the administration potential wins while also preparing its own retaliatory tariffs on American products starting next week. The questions are whether the enticements are enough, and whether a show of strength could backfire. “Europe can…

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Opinion | ‘Liberation Day’ Was Messy, but Trump’s Tariffs Can Still Work

Opinion | ‘Liberation Day’ Was Messy, but Trump’s Tariffs Can Still Work

Last week’s “Liberation Day” marked a kind of D-Day in the effort to reorder the international economic system. That reordering is desperately needed to address the system’s imbalances, which have led to deindustrialization and annual trillion-dollar trade deficits for the United States. But remember, far from striking World War II’s decisive blow, D-Day was just…

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Leaders Flex Muscles Against International Criminal Court

Leaders Flex Muscles Against International Criminal Court

There aren’t a lot of countries Israel’s prime minister can visit without risking arrest. Which makes the red-carpet treatment Benjamin Netanyahu received in Hungary — Europe’s only proud “illiberal democracy” — all the more noteworthy. Viktor Orban, Hungary’s prime minister, invited Mr. Netanyahu right after the International Criminal Court issued an arrest warrant last November…

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