To view this email as a web page, click here

.
AEI's weekly digest of top commentary and scholarship on the issues that matter most

Intensifying Competition with China

How the Chip War Could Turn Under Trump

December 14, 2024

In his first term, Donald Trump launched the United States’ tech competition with China through tariffs, subsidies, and export controls, especially on microchips, which continued during the Biden administration. Writing for the Financial Times, author of Chip War and AEI Nonresident Senior Fellow Chris Miller assesses how the second Trump administration might reset or intensify these policies.

 

 

In addition to competition with China, Trump will reenter office facing a Middle East transformed by the collapse of Bashar al Assad’s dictatorship in Syria. Hal Brands analyzes the dramatic geopolitical consequences for the region and the US as Iran and Russia’s “Axis of Resistance” lies in ruins.

 

On the domestic front, if Trump wants to maintain the newfound support he won in the election, he will need to pursue policies that make Americans' lives better over the next four years. AEI Economic Policy Studies Director Michael R. Strain explains why populist policies will not accomplish this objective and points toward more constructive alternatives the administration should advance.

 

The election also provides an opportunity to reorient K–12 education curricula away from harmful ideologies and critical theory. In testimony before the House Subcommittee on Early Childhood, Elementary, and Secondary Education, charter school leader and AEI Senior Fellow Ian Rowe demonstrates why teaching history needs to “inspire a reverence for liberty and the American experiment.”

On December 11, AEI President Robert Doar hosted a screening of the new Wall Street Journal Opinion documentary “Get the Jew”: The Crown Heights Riot Revisited. Watch the documentary here and then watch Doar’s conversation with filmmaker Michael Pack, The Wall Street Journal’s Elliot Kaufman, and the Manhattan Institute’s Rafael A. Mangual on the riot and its legacy.

 

Where’s the Indian Economy Headed?

China’s fading long-term growth prospects and India’s 8.2 percent gross domestic product (GDP) growth in fiscal year 2024 have sparked hopes that India will be a new growth engine for the global economy. In a new AEI report, Derek Scissors investigates India’s economic prospects over the next decade. While India’s official GDP growth statistics are impressive, under the hood the Indian economy continues to be hamstrung by weak international competitiveness, fiscal irresponsibility, and low employment quality. Because laws discourage hiring and agricultural efficiency, India is at risk of missing the economic opportunity presented by its young labor force. As a result, even if India is the fastest-growing large economy, it will still remain the poorest by mid-century.

More from AEI
RESEARCH AND COMMENTARY

The Trumpmoon

Matthew Continetti
Commentary

The European Central Bank’s French Headache

Desmond Lachman
AEIdeas

The Man Who Fought Fauci—and Won

Tunku Varadarajan
The Wall Street Journal

Will Syria Become the Dumping Ground for Hamas?

Michael Rubin
Middle East Forum

The Bottom Is Falling Out for US Test Scores

Nat Malkus
AEIdeas

PODCASTS AND VIDEOS

What Is Going On in Syria? The New Lines Institute’s Hassan Hassan Explains.

Danielle Pletka et al.
What the Hell Is Going On?

Electoral Reform in the United States: A Book Event

John C. Fortier
AEI event

George Borjas on Mortality Rates Among Black Infants

Naomi Schaefer Riley et al.
Are You Kidding Me?

Reflecting on Leadership in Education Policy: A Conversation with Congresswoman Virginia Foxx

Preston Cooper
AEI video

The Future of Conservatives in Academia

Robert P. George
The Aaron Renn Show

QUOTE OF THE WEEK

The national security consensus that has largely endured since the end of World War II is premised on keeping our adversaries at bay so that the horrors of war do not land on our doorstep. If in this critical moment we fail to maintain our military advantage, we make it more likely that conflict will rage around the world and eventually draw us in, both economically and militarily.

Mackenzie Eaglen and Todd Harrison