US President Donald Trump has suffered his biggest defeat in trade policy after a Federal Appeals Court ruled that most of his import tariffs were illegal. This ruling is not only a technical legal matter, but also has broad implications for domestic economic...
International Political Economy
OBBBA (One Big Beautiful Bill Act) and the Mining Sector: Will the US Backtrack on Energy Transition?
On July 4, 2025, President Donald Trump officially signed H.R.1, or the One Big Beautiful Bill Act (OBBBA), into law. This regulation establishes significant changes in the country's tax and budget systems, reforms to social welfare programs and healthcare services,...
One Big Beautiful Bill: The Controversial Effort to Boost the US Economy
During his second term, Donald Trump launched his biggest and most important fiscal policy through the One Big Beautiful Bill Act (OBBBA), which sparked much controversy. OBBBA is an extension of Trump's first-term policy, the Tax Cuts and Jobs Act of 2017, which is...
Can Money buy people’s hearts and minds? Review of Cross-Strait Economic and Security Issues
Chun-Yi Lee, Director of the Taiwan Research Hub, University of Nottingham (This is the transcript of speech delivered by Chun-Yi Lee at the Internasional Seminar on the Taiwan Strait in the Shifting Geopolitical Landscape: Reviewing the Past, Paving the Path to...
The US-China Chip War: Is There an Opportunity for Indonesia?
A. Irawan J Hartono, Specialist in International Political Economy, PACIS UNPAR In addition to fierce competition in the trade of various commodities to the US market, China is also embroiled in fierce competition with the United States in the production of...
Trade War: The US’s Costly Efforts to Maintain Its Position as a Global Leader
A. Irawan J. Hartono, Ph.D, Specialist in International Political Economy, PACIS Unpar The global economy has been facing uncertainty since early February 2025 when President Trump announced the imposition of reciprocal tariffs on foreign imports into the United...