The White House Takes on the World: The White House will bump up against the laws of the United States and the central tenets of the World Trade Organization as it launches a global trade offensive in the name of national security. U.S. production costs will rise in response, and countries will target America's politically sensitive sectors in retaliation.
Trade, Technology and Taiwan: Tension between the United States and China will spike, putting businesses caught in the fray at risk. While the White House targets Chinese trade and investment with its protectionist policies, Congress will rouse Beijing's ire by upgrading U.S. ties with Taiwan.
A Race to the Cutting Edge: As the United States turns its attention toward its competition with China and Russia, the development of disruptive weapons technology among the great powers will further degrade the world's arms control treaties. Beijing will funnel state funds toward artificial intelligence research in hopes of catching up with its American adversary while the West struggles to navigate antitrust and data privacy concerns.
The Stubborn Problem of Nuclear Proliferation: Building on a brief detente, South Korea will try to persuade the United States and North Korea to reconcile their mostly intractable positions on the issue of denuclearization. Meanwhile, Iran will rely on Europe's support to keep its nuclear deal alive as Saudi Arabia uses the same agreement to negotiate a civilian nuclear program of its own.
Fighting for the Future of Europe: Headed by a divided Germany and an emboldened France, the debate over eurozone reforms will expose the deeper divides threatening Continental unity as Italy stands ready to flout any rules-based regime that Berlin and its northern allies propose.
Balancing Oil and Building Batteries: Global oil producers, led by Saudi Arabia and Russia, will extend and adjust their agreed-upon production cuts to counter U.S. shale output over the long run. In the alternative energies sector, battery developers will have to contend with the Democratic Republic of the Congo's attempt to rake in more revenue as the world's demand for cobalt grows.
Trouble Brews in the Americas: Mexico will let Canada take the lead in confronting the United States on trade issues during NAFTA negotiations. Trade tension will likewise mar Washington's rocky relationship with Brazil as the two remain at odds over how to manage Venezuela's economic crisis and its regional spillover.
India Protects Its Periphery: China's deep pockets and wide maritime reach will draw India into closer defense cooperation with the United States, Japan and Australia as it works to balance against its increasingly powerful neighbor.
Ankara's Ambitions Take Center Stage: A rising power in its own right, Turkey will push its troops deeper into northern Syria and Iraq while laying claim to the eastern Mediterranean Sea, upsetting Cyprus' plans for the energy resources that lie beneath the disputed waters.
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