A Trade War With China Is a Very Bad Idea
Yes, the U.S. has the larger consumer economy. No, that won’t be enough to avoid major (and majorly self-inflicted) pain.
Economy
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Trump Is Running Economic Development In Reverse
The combination of tariffs and cuts to scientific research seems designed to move America down the value chain.
Trump Brings Britain’s ‘Moron Premium’ to the U.S. Economy
What America might have learned, but didn’t, from Britain’s 2022 financial-markets debacle
Why China Won’t Give In to Trump
Xi Jinping, like his American counterpart, needs to be the top dog.
The Tariff Damage That Can’t Be Undone
Nothing here has ended well. In fact, it hasn’t even ended.
This Is Why Dictatorships Fail
The authors of the Constitution separated powers for a reason.
The Art of the Retreat
Trump’s abrupt pivot from his planned global trade war was touted by allies as grand strategy. The president’s own words suggested otherwise.
The Cost of Chaos
The Liberation Day pause is better than the Liberation Day policy itself was. But Americans are getting a raw deal one way or another.
Why Trump Paused the Tariffs
A stock-market swoon, or even a recession, might not frighten him, but the prospect of a 2008-style meltdown apparently still does.
Americans Want to Be Rich
That simple aspiration propelled Trump into office, but it is now threatened by his tariffs.