Posen argues tariff strategy backfired; China has escalation dominance

1 Sep 20 · 6d ago · 1 article · 1 source · development 1 of 2

Adam S. Posen publishes analysis in Foreign Affairs contending the administration's confidence was misplaced. He argues China controls 80–90 percent of rare-earth element production and has repeatedly forced U.S. concessions on tariffs, technology controls, and visa policies. The U.S. cannot quickly decouple from Chinese inputs, giving Beijing escalation dominance.