Antibiotics are facing an existential crisis less than a century after their introduction. Increased bacterial resistance is putting the world at risk of an era in which routine infections are untreatable.
Tariffs have been applied over the years to protect homegrown industries and target competitors who are seen as using unfair trade practices. They impose costs on both importers and exporters and had been in decline until the recent U.S.-China trade war.
China’s industrial policy is aimed at rapidly expanding its high-tech sectors and developing its advanced manufacturing base. The plan is seen as a threat by President Trump, and could escalate the trade war.