The US-Venezuela oil deal is a gift to socialists all over the world who can now point to it with some credibility as an example of an imperial resource grab. But the deal flies in the face of economic freedom and the principle of voluntary exchange that made the United States prosperous, and it makes little strategic or economic sense.

The potentially high effective tax rates contemplated by Senator Wyden could prevent investments in data centers—and the economic gains they might have produced—from happening at all.

A clear, written plan for substantial withdrawals would show Europeans that the Trump administration is serious about burden shifting.