What Are the Long-Term Costs of the China-US Trade War?

August 18, 2019

Dark times loom for the US economy in the aftermath of President Donald Trump’s latest threat on August 1 to levy 10% tariffs on some $300 billion of imports from China. In response, China allowed the yuan to weaken against the dollar and thereby cushion the impact for Chinese exporters. In...

Perhaps “Slowbalization” Is Exactly What the World Needs

August 16, 2019

A group of Italians started the Slow Food movement back in the 1980s. Stay away from fast-food restaurants, they urged: Eat local, focus on traditional recipes, relax and enjoy your meal.  The Slow Food movement began as a protest against McDonald’s, which opened a new franchise near...

Why the US-China “Trade War” Is Really About the Future of Innovation

April 18, 2018

Recent trade skirmishes between China and the United States are less about steel and soybeans and more about which country will be the leader in global innovation in the 21st century, writes Wharton Dean Geoffrey Garrett in this opinion piece. The escalation of tariffs between China and the...