5 Top Reads
Our Top Weekend Reads
The U.S.-China trade war reignites, the Fed takes bold action, and a U.S.-Russia nuclear treaty comes to an end.
This week, the U.S.-China trade war flared up once again after U.S. President Donald Trump announced a new round of tariffs against $300 billion worth of Chinese goods. Trump mentioned the additional 10 percent tariff—set to begin next month—in a Thursday tweet, just moments after praising constructive trade negotiations with Beijing.
Meanwhile, the U.S. Federal Reserve cut interest rates Wednesday for the first time since the 2008 financial crisis. The Fed’s move, intended to maintain expansion of the U.S. economy, comes as the U.S.-China trade war threatens economic stagnation and uncertainty.
This week also marks the official U.S. wthdrawal from the Intermediate-Range Nuclear Forces (INF) Treaty, a 1987 arms control agreement with Russia.
Here are Foreign Policy’s top weekend reads.
Trump’s escalation of the trade war with China—which blindsided international markets and his own advisors—could have global economic impacts, and China has already promised retaliation, Foreign Policy’s Keith Johnson explains.
In the wake of the Fed’s decision to cut interest rates Wednesday for the first time in more than a decade, a deep, global uncertainty—exacerbated by leaders like Trump and British Prime Minister Boris Johnson—poses a stark economic threat, Foreign Policy’s Michael Hirsh writes.
The Fed’s move, along with other unconventional measures by central banks around the world, also represents the extent of what monetary policy can be expected to do, Adam Tooze writes.
The United States’ exit from the INF Treaty, a key Cold War-era arms control agreement between the United States and Russia, raises questions about the future of nuclear arms control. Foreign Policy’s Lara Seligman and Robbie Gramer explain the history of the INF Treaty and what its end means.
The end of the INF Treaty makes a new arms race between Washington, Moscow, and Beijing all the more likely—but in this race, Moscow is lagging behind, Chris Miller writes.
On Tuesday and Wednesday night, the top 20 U.S. Democratic presidential primary candidates took to the debate stage once again. In preparation, Foreign Policy catalogued their stances on the most pressing foreign-policy issues.
Myanmar wants to introduce National Verification Cards for the Rohingya, a persecuted Muslim minority in the country. But the proposed system could be weaponized to systemically target the Rohingya even further—and the United Nations’ support of it is misguided, Azeem Ibrahim writes.