Peter Goodman: His Start-Up May Not Survive Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.…
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U.S.-China Coordination Missing in Action on Coronavirus
By Evan A. Feigenbaum (original source Carnegie Endowment for International Peace)
“The United States and the People’s Republic of China have been security competitors and ideological rivals since the inception of their relationship in 1972. Once they began to exchange goods, capital, people, and technology on a large scale in the 1990s, however, the two countries shelved at least some of their political and security concerns and agreed to let forces of economic integration work their will.
But the two countries that have led the globalization of the world economy for the past twenty-five years are now failing—utterly—to foster collective action during the global health crisis set off by the new coronavirus. Instead, they are racing to the bottom, with both governments refracting the outbreak through the prism of geopolitical competition while hurling insults about each other’s competence and intent.”
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