China Trade Deal?
We’ve been saying ever since Trump trumpeted his new “deal” with China last week that nobody gets credit for partially fixing a problem they created themselves. Well, it turns out that it’s worse than that. Here’s the upshot from the Washington Post Finance people this morning: “[N]ews this morning that the Chinese want to hold more […]Continue reading
The Danger of Trump’s Mexican Tariff Stunt
There are lessons for China, the European Union and Japan. This column appeared in the Washington Post. Leaders in foreign capitals are likely updating their trade war strategies after watching how President Trump handled his confrontation with Mexico. The episode provides a couple of important lessons for governments (think: China, the European Union and Japan) still […]Continue reading
Trump, The Great Negotiator, Fails Again
The Trump administration’s 100 days of trade talks with China ended with a whimper on Wednesday, as the two sides failed to reach a breakthrough agreement. The Washington Post’s Ana Swanson reports: “The United States unsuccessfully pressed China to make a substantial commitment to cut its steel production, according to people with knowledge of the matter, […]Continue reading