Since the start of the war in Ukraine, some analysts have warned that supporting Kyiv militarily would undermine Washington’s ability to counter China. In fact, the reverse is true. The increasingly hawkish U.S. posture toward China is more likely to undermine assistance to Ukraine as well as U.S. alliances in Europe and Asia.
European Commission officials are crafting a response to the U.S. Inflation Reduction Act, as it becomes more apparent that Washington is unlikely to adopt changes to assuage European concerns. This week in Davos, Commission President Ursula von der Leyen laid out some of the steps the union will take to keep Europe’s industry competitive.
One of the dangers of a U.S. foreign policy consensus is that once it’s formed, there are enormous market incentives for analysts in Washington to formulate smart-sounding ways to operationalize it, rather than to question it. We see all of these dynamics on display now when it comes to U.S. policy on China.