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Breaking the Debt Trap: Why Spending Smarter Beats Spending More

In this commentary, Philip Luck and Michael H. Gary argue efficient public spending is the key to unlocking growth in challenging fiscal environments characterized by rising debt and slowing growth.

Commentary by Philip Luck and Michael H. Gary — December 12, 2025

Aligning APEC Beyond Trade Turmoil

On October 31, Trump, Xi, and other regional leaders will convene for the APEC Summit. Amid renewed U.S.-China trade tensions, supply chain disruptions, and growing geoeconomic fragmentation, how can the region chart a path toward a more resilient future?

Commentary by Philip Luck and Richard Gray — October 24, 2025

APEC’s Opportunity to Catalyze Mineral Security Cooperation

The Asia-Pacific Economic Cooperation summit in South Korea next week offers an opportunity for the United States and its partners and allies to make serious progress on securing critical minerals supply chains.

Commentary by Erin L. Murphy and Philip Luck — October 24, 2025

When a Trade War Becomes a Food Fight

The U.S. agricultural sector is caught in the crossfire of the U.S.-China trade war. As Washington and Beijing escalate tariffs and other retaliatory measures, U.S. farmers are scrambling to find new buyers just as Chinese consumers turn to alternative suppliers.

Commentary by Philip Luck, Hugh Grant-Chapman, and Duc Minh Nguyet (Moon) Nguyen — October 21, 2025

How Tariffs Could Derail the United States’ $3 Trillion AI Buildout

The CSIS Economics Program cautions that U.S. tariffs on inputs to data centers, including a recent proposal to put a 100 percent tariff on semiconductors, threaten to undermine U.S. AI leadership and the high-value services it enables. 

Commentary by Philip Luck — August 7, 2025

Trump’s Trade Strategy Takes Shape After August 1 Tariff Moves

A new commentary from the CSIS Economics Program and the Scholl Chair in International Business offers an economic analysis of the impact of tariffs and presents recommendations for policymakers to mitigate the risks associated with raising tariffs.

Commentary by Philip Luck and Ina Simonovska — July 28, 2025

Experts React: Unpacking the Trump Administration’s Plan to Win the AI Race

The Trump administration's launch of its AI Action Plan and accompanying executive orders removes any doubt that global leadership in AI is at the heart of economic competitiveness and national security. Our experts unpack the administration's road map and its prospects for impact.

Commentary by Navin Girishankar, Kirti Gupta, Matt Pearl, Philip Luck, James Andrew Lewis, Leslie Abrahams, Sujai Shivakumar, Erin L. Murphy, Matthew S. Borman, Noam Unger, Madeleine McLean, and Carol Kuntz — July 25, 2025

Why the G7 Must Tackle Hidden Systemic Threats to Global Financial Stability

A new commentary from the CSIS Economics Program and Scholl Chair in International Business highlights how hidden leverage and unregulated carry trades have become a structural risk to global financial stability—and calls on G7 leaders to take coordinated action before the next crisis erupts.

Commentary by Philip Luck and Safae Irghis — June 16, 2025