Paulo M. Levy is an economic researcher at IPEA, the applied economic research institute of the Brazilian government.
What started as a trade war between the United States and China is quickly escalating into a death match for global economic, technological, and military dominance. If the two countries' leaders cannot manage the defining relationship of the twenty-first century responsibly, the entire world will bear the costs of their failure.
After months of polling, speculation, and hand-wringing over the European Parliament election this month, one might think that nothing else matters. But there is a far more important question than who will lead the European Union for the next five years: What is the overarching strategic agenda that will guide their decisions?
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