As Korea’s domestic demand is on the decline, a fall in exports will throw the country out of the frying pan into the fire.
The negative impact of trade wars on the world economy could manifest very soon, but in the long run they will have a positive effect on Europe and Russia.
The isolation and protectionism promoted by President Trump are the clearest manifestation of the retreat of the United States.
The brash U.S. approach may cajole compromises that will ultimately yield greater stability, but reducing the risk of accidents or further escalation should be the priority for both major powers.
[H]istory has proven time and again that populism is a two-edged sword, capable of both harming others and oneself.
Washington has apparently understood the criticism that one cannot forget his old friends when battling a big opponent.