Elections
From Bucharest to Chisinau: How pro-Kremlin networks shaped Romania’s 2025 election
Elections
Security
To achieve his goal of a durable peace, Trump must turn up the pressure on Putin
Security
Economics
The next 120 days of predictably volatile trade policy
Economics
Iran
From A to F, here’s how to grade a possible nuclear deal with Iran
Iran

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May 22, 2025

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Spotlight

Economy

Trade and tariffs

Our experts monitor the evolution of the second Trump administration’s tariffs and provide context on the economic conditions driving their creation—along with their real-world impact.

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New Atlanticist

To understand the impact of Trump’s tariff war, watch the bond market and the Fed—not just the stock market

by Hung Tran

The state of the US Treasuries and US dollar funding markets, as well as actions of the Federal Reserve, are where to focus attention.

Fast Thinking

What to expect as Trump’s trade war zeroes in on China

by Atlantic Council

On April 9, US President Donald Trump announced that he would suspend many of his “liberation day” import tariffs—but he raised the tariff on China to 145 percent.

Our impact

2024/2025 Annual Report

Through the work it publishes, the ideas it generates, the future leaders it develops, and the communities it builds, the Atlantic Council shapes policy choices and strategies to create a more free, secure, and prosperous world.

Explore our impact

Spotlight

MIDDLE EAST

Israel-Hamas War

Experts from across the Atlantic Council are providing insight and analysis at speed and in depth on how the conflict is upending the Middle East and the world.

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New Atlanticist

Trump’s Middle East strategy is all about striking an Iran deal. Gaza could get in the way.

by Alan Pino

Recent US actions in Yemen, Syria, and Lebanon fit together in supporting the central objective of a deal with Iran.

New Atlanticist

The Egyptian plan for postwar Gaza is a good starting point—but it needs changes

by Thomas S. Warrick

While many obstacles remain, the Egyptian proposal could form the starting point for negotiations over a workable plan for postwar Gaza.

Spotlight

Security and Defense

Russia's war on Ukraine

As Russian’s war against Ukraine grinds on, Atlantic Council experts are closely monitoring the latest developments and analyzing the paths forward.

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UkraineAlert

A pragmatic peace plan for Ukraine

by Mykola Bielieskov

A pragmatic and sustainable peace is possible in Ukraine if Kyiv’s European partners dramatically increase their own defense spending while significantly strengthening the Ukrainian military, writes Mykola Bielieskov.

Econographics

Russia Sanctions Database

by Kimberly Donovan, Maia Nikoladze, Lize de Kruijf

The Atlantic Council’s Russia Sanctions Database tracks the level of coordination among Western allies in sanctioning Russian entities, individuals, vessels, and aircraft, and shows where gaps still remain.

Who we are

Through first-rate analysis and high-level convenings, the Atlantic Council promotes US cooperation with allies on the world’s defining challenges, delivers relevant insight at speed to policymakers and the public, and helps shape a peaceful and prosperous global future.

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The Atlantic Council galvanizes US leadership and worldwide engagement, in collaboration with allies and partners, to shape solutions to global challenges.

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The Council launched in 1961, just as the Cold War threatened to turn hot.

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