It’s Trump’s economy against the rest of the world-and as of now, America is winning. On one side is a nascent coalition of at least 36 nations with a population over seven times that of the United States, and a combined GDP almost twice that of ours. On the other side, standing increasingly alone, is […]
On July 25, 2018, at approximately 3:00 p.m. eastern daylight time, the tweets fell silent, and a truce was declared on the European front of the trade war between the United States and, well, the rest of the world. President Donald Trump of the United States of America, and President Jean-Claude Juncker, representing the forces […]
Veni, vidi, vici. That’s what Trump would have tweeted en route to a weekend of golf at his courses in Scotland had he not forgotten his high school Latin. Traditional diplomat Nicholas Burns, former U.S. ambassador to NATO, says “The president treated the NATO allies almost with contempt.” Delete “almost” and Burns has it right. […]
Trump knows when to hold ’em and knows when to fold ’em, knows when to walk away and knows when to run, as Kenny Rogers advised all poker players. He was holding a losing hand when it came to handling the children brought to America illegally by mothers crossing the border illegally, so he folded […]
No, we are not in the midst of a trade war. A trade scuffle, surely. But not a war. At least not yet. Yes, President Trump has imposed tariffs on steel and aluminium imports from Canada, Mexico, and the European Union. Canada will be the hardest hit: America accounts for 90 percent of its steel […]
US-China Trade Negotiations Continue Talks are going on between the US and China in Washington, to try to avoid a full-blown trade war. “Be cool,” President Trump tweeted the other day. “It will all work out”. But how, exactly? The BBC’s Mike Johnson asked our regular commentator, the American economist Irwin Stelzer of the Hudson […]
For over a decade there has been a trade war between China and America, with America playing the role of passive victim. China has required American firms investing in its country to take on a Chinese partner and turn over their technology, which it agreed not to do when it joined the World Trade Organization. […]
This is Trade War I. The main event is going to be the Second Trade War. “I will do such things, what they are yet I know not, but they shall be the terrors of the earth.” To King Lear’s threat Donald Trump would add, “Maybe.” That describes what is going on in his confrontation […]
Is the world on the brink of a trade war? The United States and China have been firing verbal shots at each other, after the US threatened tariffs on $60 billion worth of Chinese imports. So is the world is on the brink of a new trade war? American economist Irwin Stelzer of the Hudson […]
The free trader will have to move carefully with the president. “Misery acquaints a man with strange bedfellows,” wrote Shakespeare. Although the odds that President Trump was reminded of that observation when re-reading The Tempest must be regarded as low, they are somewhat higher that he might at one time have stumbled across the modern […]