Agathe Demarais is a columnist at Foreign Policy, a senior policy fellow on geoeconomics at the European Council on Foreign Relations, and the author of Backfire: How Sanctions Reshape the World Against U.S. Interests.
Chinese President Xi Jinping, wearing a dark overcoat, points and smiles as U.S. President Donald Trump talks to him. Behind them is a red carpet and flowers.
Reflections of the crains and cargo ships are visible in a reflection in the segmented panoramic windows of a moored ship. The ships are piled high with shipping containers in various colors, and a hazy sky is visible above them.
A captain in full uniform and hat uses a cell phone to take a photo during a ceremony to name a Rosneft oil tanker in Russia. A large ship and scaffolding extends behind him as people walk in the distance at the port.
U.S. President Joe Biden holds a microchip before signing an executive order on securing critical supply chains, at the White House in Washington on Feb. 24, 2021.