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To slow China’s tech advances, Trump should keep its factories addicted to cheap exports via low tariffs, economist says

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  • President Donald Trump’s approach to US-China trade has been to impose prohibitively high tariffs. While he just gave key tech imports a temporary reprieve, the rest of China’s producers still face tariffs of 145%. But if Trump wants to slow China’s technological progress, that’s the opposite of what he should be doing, an economist says.

President Donald Trump’s on-again, off-again tariffs have taken the global economy on a wild ride, but China has been his main target and faces prohibitively high duties.

While he just gave key tech imports a temporary reprieve, the rest of China’s producers still face tariffs of 145%, meaning toys, apparel and furniture made there will have to find new buyers.

The White House has signaled that shrinking the US-China trade deficit and reshoring manufacturing are top goals. But if it wants to slow China’s tech advances and ensure the US is dominant, then the administration needs to take a totally different approach, according to Keyu Jin, an associate professor of economics at the London School of Economics and the author of The New China Playbook. 

In an op-ed in the Financial Times on Thursday, she noted that technological leaps often emerge during times of conflict and that Trump’s trade war could ignite a surge of innovation.

“Tariffs don’t just alter trade flows—they redirect resources and reshape industrial structures,” Jin wrote. “If Trump’s goal was to curb China’s technological progress, he would keep tariffs low on the bulk of Chinese exports to the US, locking the country into low-margin basic manufacturing. He would encourage high-tech exports to China, making sure that progress in its advanced components stalls.”

But instead of US exports finding an easier way into China’s markets, they will hit a wall. Trump’s tariffs have been met with similar retaliation as China has imposed duties of 125% on the US.

At such levels, the opposing duties would bring trade between the world’s two largest economies to a virtual halt.

Jin predicted that the shock from Trump’s trade war will push China to divert more resources into higher-value, advanced technologies that compete with US products.

“Beijing has drawn its conclusion: innovation and core technology control is the only sustainable defense against tariffs,” she explained. “Companies with proprietary technology—like Huawei and BYD—are more insulated from tariffs and supply-chain shocks. China envisions a new tech supply-chain model: regional production, tech sovereignty and global supply-chain redundancy.”

While the Biden administration continued China tariffs that Trump imposed during his first administration, it also added restrictions on US tech exports like Nvidia’s most high-end chips to curb China’s progress in area like artificial intelligence, which could tip the scales in military prowess.

But such sanctions merely rerouted demand away from US supplies, and domestic Chinese chipmakers are reporting record revenues and reinvesting in R&D, Jin said.

She also pointed out that China’s DeepSeek, which shocked the tech industry earlier this year with its low-cost AI model that was comparable to US versions, was “born under constraint.”  Meanwhile, Beijing is also targeting photonic quantum computing, low-orbit satellites, and breakthroughs in chipmaking equipment while leading in factory robots.

Since Trump’s first-term tariffs, Chinese companies have been expanding into other markets around the world, including Africa. And they have significant room to grow beyond manufacturing by providing more services and digital infrastructure, Jin said.

Drawing a parallel with Napoleon’s trade embargo on Britain in the early 1800s, she argued that it prompted the British to turn to Asia, Africa and the Americas while also stoking more industrialization.

“The US may be repeating that mistake. If making America great again is its goal, Trump should not fear a comfortable China; he should fear a constrained one,” Jin warned.

This story was originally featured on Fortune.com



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The healthiest agers followed this diet, according to a sweeping 30 year longevity study

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While there is no silver bullet for healthy aging, there are habits that can help you age well—especially when it comes to what you eat. 

In a 30-year study, researchers found that a certain diet was associated with healthy aging, defined as reaching the age of 70 without any major chronic health conditions, an intact memory, strong mental health, and the physical ability to move freely and climb stairs. Of the over 105,000 people studied, just one in ten were considered healthy agers—and they all had one thing in common: a diet rich in plant-based foods, low in highly processed foods, with a moderate intake of animal-based products. 

In the study, published last month in the journal Nature Medicine, researchers tracked how closely participants followed a slew of healthy diets. While adhering to any of the diets, including the Mediterranean and Planetary Health diets, increased the chances of healthy aging, the Alternative Healthy Eating Index (AHEI) was the most influential in improving people’s odds of maintaining strong mental and physical health at age 70. 

Those who adhered most strictly to the AHEI diet had an 86% higher chance of living to 70 without major chronic conditions compared to those who adhered to the diet the least. People who were the most loyal to the AHEI diet also had a 2.24 times greater chance of living healthfully at age 75 compared to those in the lowest quartile of adherence to the diet. This is especially relevant as 80% of older adults have more than one chronic condition, which increases the risk of early mortality.

“Our findings suggest that dietary patterns rich in plant-based foods, with moderate inclusion of healthy animal-based foods, may enhance overall healthy aging, guiding future dietary guidelines,” the researchers conclude. “The AHEI was also the most strongly associated with maintaining intact physical function and mental health among individual healthy aging domains.”

What is the AHEI diet?

The AHEI diet, developed by Harvard scientists, was created to lower the risk of chronic conditions and emphasizes fruits, vegetables, whole grains, nuts, and legumes. The diet limits intake of animal products and discourages highly processed and sweetened foods, such as juice. 

Previous research has shown the benefits of plant-based diets rich in whole foods, such as fruits, vegetables, and legumes. The residents of the world’s blue zones, where people reportedly live the longest, are celebrated for eating a minimally processed diet. The “three sisters,” or food staples, of the blue zone, Nicoya, Costa Rica, for example, are squash, corn, and beans. 

The study used data from the Nurses’ Health Study and the Health Professionals Follow-up Study to track individuals between the ages of 39 and 69 over a 30-year period. It contributes to research on how diet influences not only how long you live, but also how long you live in optimal health. 

For more on aging and nutrition: 

This story was originally featured on Fortune.com



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Bitcoin rebounds as the US dollar weakens

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Bitcoin and the rest of the crypto market surged at the start of this week as President Trump engaged in a Ethereum and Dogecoin have both gained 3% within the last 24 hours.

“Bitcoin’s move above $87,000 is a clear signal that investors are seeking refuge in decentralized assets amid rising tariffs, inflation concerns, and global economic uncertainty,” Nicholas Roberts-Huntley, CEO of crypto companies Concrete and Glow Finance, tells Fortune.

The crypto market’s gains come amid Trump’s threats to fire Federal Reserve Chair Jerome Powell for not lowering interest as quickly as he would like. The feud has raised concerns over the Fed’s traditional status as an independent central bank, unbeholden to political pressures. It’s unlikely the president would have the power to do so, but that could change in the future. On Friday, the White House confirmed that Trump is “studying” whether the president has the power to terminate Powell before his term is up in 2026. 

And while the crypto market is enjoying a relief rally, the traditional stock market has continued to slide. While the S&P 500 and the Dow Jones made slight gains from this month’s earlier lows, the indexes are both down 3% on Monday. 

And Trump’s public comments about Powell seem to have further dented the value of the U.S. Dollar. The currency has already fallen significantly since Trump’s inauguration in January, and on Monday, it fell to its lowest value since 2022 when compared to foreign currencies.  

As concerns over tariffs, inflation and the Fed’s independence loom large, some people are investing in digital currencies because they are detached from any centralized entity, allowing them to fluctuate independent from the stock market. 

Youwei Yang, Chief Economist, Bitcoin mining company BIT Mining, told Fortune that while Bitcoin moves in tandem with equities in the short-term, it can serve as a haven from geopolitical pressures in the long-term. 

“In the early stages of crises, it often behaves like a risk asset—similar to tech stocks—falling sharply amid panic,” he said. “Yet as markets stabilize and investors reassess, it can exhibit characteristics of a safe haven asset, akin to gold.”

This story was originally featured on Fortune.com



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Pope Francis visited one basilica more than 100 times after his trips abroad. Now he will be buried there

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The 88-year-old pontiff had been well aware of his fragile state and advanced age. As early as 2015, Pope Francis had expressed the desire to be buried in the Basilica of Santa Maria Maggiore, a fifth-century church in Rome dedicated to the Blessed Virgin Mary. He was so devoted to Mary and her basilica that after each of his more than 100 trips abroad, he would visit it after returning to Rome to pray and meditate.

No pope has been buried in Santa Maria Maggiore since the 17th century, when Pope Clement IX was laid to rest there.

I’m a specialist in Catholic liturgical history. In earlier centuries, papal funerals have been elaborate affairs, ceremonies befitting a Renaissance prince or other regal figure. But in recent years, the rites have been simplified. As Pope Francis has mandated, here are the steps that the ritual will follow.

First station: Preparation of the body

The funeral rites take place in three parts, called stations. The first takes place in the pope’s private chapel, after medical professionals have certified his death. Until recently, this stage had taken place at the pope’s bedside.

After the body lies in rest in the chapel, the cardinal serving as the pope’s camerlengo – the pope’s chief of staff – will make the arrangements for the funeral. He is also tasked with running the Vatican until a new pope is elected. The current camerlengo is Cardinal Kevin Joseph Farrell, appointed by Francis in 2019.

As has been done for centuries, the camerlengo will formally call the deceased pope by the full name given to him when he was baptized as an infant – Jorge Mario Bergoglio. There are narratives or legends stating that, at this time, the pope was also tapped three times on the forehead with a small silver hammer. However, there is no documented proof that this was actually done in earlier centuries to verify a pope’s death.

Traditionally, another ancient rite will also take place after the declaration of the pope’s death: the defacing of the pope’s ring. Each pope wears a custom-made ring with an engraved image of a man fishing from a boat, hearkening back to the gospel of Matthew, where Jesus calls St. Peter a “fisher of men.” This Fisherman’s Ring, with the name of the current pope engraved over the image, could act as a seal on official documents. The camerlengo will break Francis’ ring and smash the seal with a hammer or other instrument to prevent any other person from using it.

The pope’s apartments will also be locked, with no one allowed to enter; traditionally, this was done to prevent looting.

Second station: Viewing the body

The deceased pope will be dressed in his simple white cassock and red vestments, then placed in a simple wooden coffin. This will be carried in procession to St. Peter’s Basilica, where the public viewing will take place for the next three days.

The pope’s body will be left in the plain, open casket during this viewing period in order to emphasize the pope’s humble role as a pastor, not a head of state. The earlier practice would have been to place the body on top of a tall raised platform, called a catafalque; this ended with the funeral of Pope Benedict XVI in 2022.

Pope Benedict was also the last pope to be buried in the traditional three coffins of cypress, lead and elm. Two coffins contained specific documents about his pontificate; the first coffin also held the traditional three bags of coins – gold, silver and copper – representing each year of his pontificate.

At Francis’ funeral, after the public viewing, a plain white cloth will be placed over the pope’s face as he lies in the oak coffin, a continuing part of papal funerals. But this will be the first time that only a single coffin will be used; it will likely contain a document describing his pontificate and a bag of coins from his pontificate as well.

The funeral Mass will then be celebrated at St. Peter’s, most likely inside because of the late winter weather, and there will likely be a crowd of believers outside, assembled on the plaza. The homily will reflect on the life and spirituality of the deceased pope; Francis himself preached at the funeral of his retired predecessor, Pope Benedict. And the future Pope Benedict, as Cardinal Joseph Ratzinger, preached at the funeral of Pope St. John Paul II when Ratzinger was the leader, or the dean, of all senior church officials – what’s known as the College of Cardinals.

The current dean is 91-year-old Cardinal Giovanni Battista Re, and it is unclear whether he will be able to continue this tradition due to his advanced age. Masses will continue to be said in Francis’ memory for nine days after his death – a period called the Novendialis. This ritual was inspired by an ancient Roman tradition prescribing a mourning period ending on the ninth day after a death.

Third station: Burial

Popes in the past have been buried in several different places. Until the legalization of Christianity in the Roman Empire in the early fourth century, popes would be interred in the catacombs, the burial grounds on the outskirts of Rome.

Afterward, popes could be buried in a number of different locations, such as the Basilica of St. John Lateran – the official cathedral of Rome – or other churches in and around Rome. A few were even buried in France during the 14th century, when the papacy moved to the French border for political reasons.

Most popes are buried in the grottoes underneath St. Peter’s, and since Pope Leo XIII’s burial at St. John Lateran in 1903, every pope has been buried at St. Peter’s. According to Francis’ wishes, however, there will likely be a procession across Rome to Santa Maria Maggiore, including the hearse and cars carrying others who will attend this private ritual.

After a few final prayers and sprinkling of holy water, the coffin will be placed in its final location inside the church. Only later will the area be opened to the public for prayers and veneration.

After so many journeys from Rome to visit Catholic communities in countries across the globe, and so many visits to this basilica for prayer and meditation, it seems fitting that, at the end of his life’s journey, Francis would make one last trip to the church he loved so much to be laid to rest forever.

The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts. The Conversation is wholly responsible for the content.

This story was originally featured on Fortune.com



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