As of 2025, the goods trade deficit between the European Union and China has doubled since 2020, while it is 3.6 times greater in Germany. One driver of this imbalance may be Chinese currency manipulation, which has allowed Chinese firms to undercut the prices of European retailers.

Europe’s pursuit of digital sovereignty rests on a flawed premise: that competing with the United States, rather than China, should be the central priority. To advance this goal, Brussels has embraced the so-called “Airbus model”—the belief that the government-led coordination that created an aerospace champion can be replicated to achieve dominance in semiconductors, cloud computing, and artificial intelligence (AI). The idea is seductive and gaining traction, but the analogy is unproven and misguided.

Counterfeit K-beauty products are eroding brand value, endangering consumers, and threatening South Korea’s cultural and trade influence, making stronger cross-border cooperation and AI-driven enforcement essential.

To counter China’s telecom dominance and restore U.S. competitiveness, policymakers should lead a global push for Open RAN standards that foster security, innovation, and fair competition.

For 40 years, the U.S. government sent implicit and often explicit messages to American firms: Invest in China. Indulging in emotionally satisfying corporate blame points us toward the wrong solutions.

Turning CHIPS Act grants into government equity stakes would undermine their purpose and weaken U.S. efforts to expand domestic semiconductor manufacturing.

The EU’s €376 million fine against Intel for decades-old conduct risks weakening a struggling Western chipmaker at a time when China is heavily investing to dominate the semiconductor industry.

For the third year in a row, foreign direct investment into the United States has dropped sharply, according to new data from the Bureau of Economic Analysis.

Innovative U.S. firms, or those that engage in high levels of R&D to develop new products or services, in the aggregate, operate in too few markets relative to the social optimum, thus resulting in less knowledge spillover.

The United States plans to win the AI race by “exporting its full AI technology stack—hardware, models, software, applications, and standards—to all countries willing to join America’s AI alliance.” To succeed, it will need to pursue the right partners, make offers that meet their ambitions, and resist the urge to lead with virtue over value.