The definitive guide to trade wars just dropped. Its authors have one message for Washington: Study your enemy
Soumaya Keynes and Chad Bown have released a book titled 'How to Win a Trade War' that provides insights into the U.S.-China economic rivalry. They argue that America needs to better understand its rival and adapt its industrial policies to compete effectively. The authors highlight the differences in government intervention between the U.S. and China, particularly in sectors like electric vehicles and semiconductors.
- ▪Keynes and Bown have spent nearly a decade discussing trade and recently published their first book together.
- ▪They argue that the U.S.-China economic rivalry is unresolved and requires a deeper understanding of China's strategies.
- ▪The authors emphasize that the U.S. has historically been hesitant to intervene in markets, unlike China's centrally directed economy.
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Soumaya Keynes and Chad Bown have spent nearly a decade talking about trade. They started as podcast partners—nights and weekends, no advertising, holding down day jobs at the Financial Times and the Peterson Institute for International Economics, respectively—because their employers were fine with this particular side hustle.Recommended Video Their origin story is, by Keynes’s own telling, a little absurd. When she was at The Economist and trying to launch an economics podcast, she auditioned several co-hosts, including Bown. They were pleased with their wonky pilot, but a colleague confided: “By the end of it, I lost the will to live.” Keynes knew she had a match.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.
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