Economics & Global Affairs

167 Items

Jeff Schwager, president of Sartori Cheese poses for in front of their plant

AP/Morry Gash

Analysis & Opinions - Project Syndicate

Power and Interdependence in the Trump Era

| July 03, 2019

President Donald Trump's manipulation of America's privileged international system will strengthen other countries' incentives to extricate themselves from US networks of interdependence in the long run. In the meantime, there will be costly damage to the international institutions that limit conflict and create global public goods.

Aerial view of Shanghai World Financial Center and Jin Mao Tower

Mgmoscatello/Wikimedia Commons

Analysis & Opinions - Foreign Affairs

Stop Obsessing About China

| Sep. 21, 2018

The United States is a deeply polarized nation, yet one view increasingly spans the partisan divide: the country is at imminent risk of being overtaken by China. Unless Washington does much more to counter the rise of its biggest rival, many argue, it may soon lose its status as the world’s leading power. According to this emerging consensus, decades of U.S. investment and diplomatic concessions have helped create a geopolitical monster. China now boasts the world’s largest economy and military, and it is using its growing might to set its own rules in East Asia, hollow out the U.S. economy, and undermine democracy around the globe. In response, many Democrats and Republicans agree, the United States must ramp up its military presence in Asia, slap tariffs on hundreds of billions of dollars of Chinese goods, and challenge China’s influence worldwide.

But this emerging consensus is wrong and the policy response misguided. China is not about to overtake the United States economically or militarily—quite to the contrary. By the most important measures of national wealth and power, China is struggling to keep up and will probably fall further behind in the coming decades. The United States is and will remain the world’s sole superpower for the foreseeable future, provided that it avoids overextending itself abroad or underinvesting at home.

President Donald J. Trump holds a press conference at the NATO 2018 Summit | July 11, 2018 (Official White House Photo by Shealah Craighead)

The White House

Analysis & Opinions - Australian Broadcasting Corporation

Trump's NATO spray playing to supporters at home

| July 13, 2018

Former US ambassador to NATO Nicholas Burns speaks with AM's Kim Landers. He describes the Brussels NATO summit as "messy" and "divisive" due to President Trump's adversarial stance, which he says was an attempt to signal to his supporters at home that he was standing up to Europe. He describes Mr Trump's threats of leaving the treaty as "preposterous."

President Donald Trump arrives at the NATO Summit in Brussels.

NATO

Analysis & Opinions - WNYC

President Trump Launches Diplomatic Warfare with America’s Closest Allies

| July 13, 2018

President Trump is in Europe this week, having first been in Brussels on Tuesday and Wednesday, then heading to the UK for Thursday meetings and a visit with Queen Elizabeth at Windsor Castle, before meeting with Vladimir Putin in Helsinki on Monday July 16.