America's relationship with China involves massive tensions between economics, which act to bring the two countries ever closer together, and geopolitics, which is driving them ever further apart. Unusually, there are signs that the economic imperatives are holding their own.
Driving the news: Presidents Biden and Xi Jinping are likely to meet in San Francisco on Wednesday.
Behold the "coastal tax": Goods and services tend to be more expensive in U.S. cities along the Atlantic and Pacific coasts as compared to inland areas, per a new analysis.
The big picture: There are some exceptions, however — mostly in the mid- and south Atlantic.
