Posted inTAP

Breaking China

Trump’s latest impulsive moves against China, which reflect no coherent trade strategy other than his own petulance, could well derail the strongest thing he has going into the 2020 election: a relatively strong economy. The New York Times’ Paul Krugman has calculated that the costs of a trade war with China could equal or exceed […]

Posted inTAP

The China End-Game

We are now familiar with Trump’s signature style: Create a Trumped-up crisis, pull back from the brink at the 11th hour, and pose as the hero who saved the day. There is only one thing wrong with this method. When applied to genuinely thorny policy challenges, it only simulates progress and leaves genuine problems unresolved, […]

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