Hoover Institution fellows Michael Auslin and John Yoo discuss two major developments in Asia. First, they explain why the “failure” of the Hanoi summit between President Trump and North Korean leader Kim Jong-un wasn’t a failure at all. They then dissect the details of a proposed trade deal between the United States and China, asking whether policymakers miss the boat when they focus on tariffs and trade deficits instead of the theft of American inventions.

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