Today on TAP: Cowed by China, and cash
China
Posted inEconomic Policy
Narendra Modi’s Free-Trade Dilemma
Against China’s growing power, India must decide whether to forge ties that would expand its regional influence or concentrate on economic development at home.
Posted inMoney, Politics, and Power
Trade War Anomaly: Why Northern Europe Sells More to China, Proportionally, Than We Do
By putting workers on their corporate boards, Northern European nations produce more at home—and can export more overseas.
Posted inMoney, Politics, and Power
Trump’s Trade Policy: Bluster and Cave
The winner: China. The loser: blue-collar workers who voted for Trump.
Posted inMoney, Politics, and Power
Trump’s Fake Trade War With China
It will neither change China’s own predatory behavior nor get America to the industrial policy we need.
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 inAmerica and the World
Coerced Tech Transfer: The Heart of the China Problem
Trump moved into a bipartisan policy vacuum on China. The political mainstream needs a better strategy, or Trump and China will both be the winners.
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, […]
Posted inTAP
Trump and China: The Art of the Cave-In
Several leaked reports from people “close to the negotiations,” suggest that Trump will soon announce a trade deal with the Chinese government pretty much on China’s terms. This will serve Trump’s goal of changing the subject for one news cycle. But it will not serve the American economy. All the indications are that China will […]
Posted inAmerica and the World
Ahem — Not All of Us Were Wrong About China (or About Wall Street, Either)
The blame for China’s rise—and the accompanying rise of the authoritarian model—rests with American big business.
