The Trump administration’s trade strategy is losing because the unilateral imposition of tariffs to reduce the trade deficit is a poor response to a fake problem.
Take away from the equation the media follies of Donald Trump, such as the Mexican border wall or the splashes of childishness in the dispute with North Korea. Omit substantive suspicion (yet to be confirmed) about the connections between elements of the Trump campaign and Russia, and make an effort also to downplay [Read more]
A British startup company has developed a “Trump Alarm,” which provides warning signals to investors on the stock exchange based on comments made by the president on social media.
<i>Since the turn of the millennium, life expectancy has declined in the United States. This phenomenon is particularly observable among white men with little education. We look at the reasons for this drift.</i>
Among developed countries, the United States stands out for a surprising reason. Since the turn of the [Read more]
Clearly, there is still the possibility that this is not the end of multilateralism but simply a statement from one country, no matter how important it is, and that the other countries will carry on with globalization as the dominant system.
Trump’s journey to Asia, his most important foreign policy act since taking office, has generally been rated a fiasco. New York Times columnist Thomas Friedman expressed it most colorfully in an article headlined: "China Could Sell Trump the Brooklyn Bridge." Translated into the Czech context, where that assessment [Read more]
After a long-term evolution, American unions have mutated; they have become enormous and influential interest groups, and their negative influence on America cannot be underestimated.
<i>The U.S. president was in Vietnam for the meeting of the Asia-Pacific Economic Cooperation, which he essentially wants to leave. Shinzo Abe’s Japan assumes leadership.</i>
It is strange to hear the slogan “America First” in Vietnam, and specifically in a place like Da Nang, which was devastated by the war. [Read more]