The Folly of Decoupling From China – with Abraham Newman

On May 14, U.S. President Donald Trump threatened to break the United States’ economic relationship with China. “There are many things we could do,” he told Fox Business host Maria Bartiromo. “We could cut off the whole relationship. Now if you did, what would happen? You’d save $500 billion.” It was Trump’s most extreme anti-China rhetoric to date, but it wasn’t out of step with the mood in Washington. Both Republicans and Democrats agree that China has transformed from a competitor into an adversary, and perhaps even an enemy.

As tensions have mounted as a result of the

Henry Farrell and Abraham Newman, “The Folly of Decoupling From China,” Foreign Affairs (online), June 3, 2020.

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Since the end of the Cold War, businesses have built an awe-inspiring global infrastructure. Digital pipelines move vast amounts of capital and data around the world, and supply chains crisscross international boundaries in a spider web of commerce. An intricate system of networks keeps the global economy running smoothly, but it’s easy to take for ...
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