Tag: trade tariffs

Donald Trump Declares Economic War on China

Donald Trump Declares Economic War on China

US tariffs will cause immense pain to China, leading to existential risks to its export-oriented economic model and much pain. After World War II, the US decided to create a new rules-based international order. It was based on institutions such as the United Nations, the World Bank and the...

Donald Trump’s Foreign Policy of One

Donald Trump’s Foreign Policy of One

From the G-7 dustup to the flashy photo shoot with Kim Jong-un, US foreign policy is now determined solely by the president's pettiest personal preferences. In the wake of the disastrous G-7 meeting in Canada and the successful summit in Singapore, it’s hard to know what to call US foreign...

America under Trump: From Global Bridge Building to Demolition

America under Trump: From Global Bridge Building to Demolition

The US is abandoning one of the G7’s founding principles: free trade. How could that be? Most normal people have an aversion to war. It brings on death, suffering, destruction and incalculable loss. We avoid it usually by diplomacy and negotiation in which all sides manage to get something...

The Daily Devil’s Dictionary: “Rebalance” Trade with Europe

The Daily Devil’s Dictionary: “Rebalance” Trade with Europe

Can America, a nation that claims to be leading the world and dominating the global economy, really function while mocking the notion of relationship? CNN has been following the White House’s accounts of conversations between President Donald Trump and European leaders unhappy about the trade...

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