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Money Talks: Lessons from the US-China trade war

Thought Leader: Edward Fishman
May 15, 2025

America and China have agreed to a 90-day truce of their month-long trade war, but the economic uncertainty has not yet ended. Beyond tariffs, the spat had begun spilling over into other areas, with China imposing a ban on the export of critical minerals designed to hobble American industries. Could global supply chains and financial systems be weaponised in a similar way? If so, could such actions further fragment the global economy to everyone’s detriment? And what would stop economic warfare escalating into full-blown military conflicts?

Hosts: Mike Bird and Ethan Wu. Guests: Edward Fishman of the Center on Global Energy Policy and Columbia University, and author of “Chokepoints: American Power in the Age of Economic Warfare”; and Dan Wang, research fellow at Stanford’s Hoover History Lab and author of “Breakneck: China’s Quest to Engineer the Future”.

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