Conflict
Stephen RoachCan the US and China avoid accidental conflict?
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 158 | Subscribers | Read | stephenroach.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
The Economics of the Supreme Court's Tariff Ruling
The US Supreme Court has ruled that most of President Donald Trump’s signature tariffs are unconstitutional, effectively positioning the rule of law as the ultimate arbiter of a terrible economic policy. This sends an important message: US ...
SCOTUS Shoots Straight on Tariffs
The US Supreme Court did the right thing. Admitting that it had, “… no special competence in matters of economics and foreign affairs,” the Court stayed in its lane, as dictated by Article III of the US Constitution, and ruled solely on the...
Lutnick Redux
On April 3, 2025, a day after “Liberation Day,” I wrote a scathing post about US Commerce Secretary Howard Lutnick after he had just appeared on CNBC to defend President Trump’s now-abandoned “reciprocal tariff” scheme. Lutnick is now in th...
Squandering a US-China Summit?
It’s pretty obvious by now how much Donald Trump and Xi Jinping want to cut a deal at their upcoming April summit in Beijing. Trump has continued to vent his anti-globalist hostilities on friends and foes, alike — with the notable exception...
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Authors
The writers behind this newsletter.
Yale faculty, former Chief Economist and Asia Chair Morgan Stanley, author most recently of "Accidental Conflict: America, China, and the Clash of False Narratives". Follow me on Substack and Bluesky https://bsky.app/profile/ssruschina.bsky.social
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