Rachel Abrams
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In the meantime, China would definitely prefer status quo because then it could work on reforming its economy without facing the pressure of a trade war.
So right now we're still in the brinksmanship phase, I think, of the trade war. There's still some room where they're jockeying for some sort of acceptable solution where both leaders save face. But what this disruption has done reminded us is that there's a chance these two largest economies in the world could actually divorce, what we call decoupling.
So right now we're still in the brinksmanship phase, I think, of the trade war. There's still some room where they're jockeying for some sort of acceptable solution where both leaders save face. But what this disruption has done reminded us is that there's a chance these two largest economies in the world could actually divorce, what we call decoupling.
And if that actually happens, we'll speak of it as a sort of before and after times. To be sure, we're not there yet, but we're closer than ever before. And you have to think about the U.S.-China relationship for the last five decades. The glue has been business. It is the bedrock of almost 50 years of bilateral relations. You take that glue away, then everything is on the table now.
And if that actually happens, we'll speak of it as a sort of before and after times. To be sure, we're not there yet, but we're closer than ever before. And you have to think about the U.S.-China relationship for the last five decades. The glue has been business. It is the bedrock of almost 50 years of bilateral relations. You take that glue away, then everything is on the table now.
The two most powerful countries can't get together and talk about all the other problems facing the world today, like climate change, like pandemics, like financial crises. But it also means they can't get together and talk about things they disagree on, because they'll have less reason to. Things like the fate of Taiwan, fentanyl, and human rights. And if China and the U.S.
The two most powerful countries can't get together and talk about all the other problems facing the world today, like climate change, like pandemics, like financial crises. But it also means they can't get together and talk about things they disagree on, because they'll have less reason to. Things like the fate of Taiwan, fentanyl, and human rights. And if China and the U.S.
aren't talking, if they're not engaging on these big issues, then we're suddenly plunged into a far more dangerous world.
aren't talking, if they're not engaging on these big issues, then we're suddenly plunged into a far more dangerous world.
From The New York Times, I'm Rachel Abrams. This is The Daily. Over the past few weeks, some of the most prestigious universities in the country have faced a threat to their very existence from President Trump, who has frozen billions of dollars in federal funds in an attempt to rid higher education of what he calls its woke ideology.
From The New York Times, I'm Rachel Abrams. This is The Daily. Over the past few weeks, some of the most prestigious universities in the country have faced a threat to their very existence from President Trump, who has frozen billions of dollars in federal funds in an attempt to rid higher education of what he calls its woke ideology.
And the question now is, who will cut a deal and who will fight? Today, my conversation with the president of Princeton University, Christopher Eisgruber, who has vowed that he will fight. It's Wednesday, April 9th. Hi, Rachel Abrams.
And the question now is, who will cut a deal and who will fight? Today, my conversation with the president of Princeton University, Christopher Eisgruber, who has vowed that he will fight. It's Wednesday, April 9th. Hi, Rachel Abrams.
Yes, thank you for making the time for us.
Yes, thank you for making the time for us.
You should definitely caffeinate.
You should definitely caffeinate.
No, good. We like that energy on the daily. We're a high-energy show. All right.