Actually governing the country must seem a boring and unappealing job for Trump, much like managing an apartment complex.
After its disorganized entrance into office, the new government will need to improvise. Though Barack Obama's last press conference was benign, he weighed his words: "[Being president of the United States] is a job of such magnitude that you can't do it by yourself.” He added that the new president will no doubt [Read more]
People may still wonder why President-elect [now President] Donald Trump is so enthusiastic about cooperating with Vladimir Putin. After all, the United States has little financial interest in the Russian economy. Trade and investment with Russia are modest compared to that with China, for example.
Trump’s trade team is a line-up of trade protectionists; his highly powerful hawk faction is assembled and ready to start a trade war any minute.
The trade disputes between the United States and China are taking a toll on businesses. Shanghai, China recently imposed a 210 million yuan (approximately 36.3 billion South Korean won, or $29 million) fine on the SAIC General Motors joint venture for antitrust violations.* This is 4 percent of its annual sales – a [Read more]
In the event that Washington provokes China on our core interests ... Washington will lose and will be forced to show respect to China.