While pressing China to adhere to the rules, the United States itself moved quickly to self-protectionism, contrary to international rules.
President Trump is falling into lockstep with the economic nationalism he promised: protection for domestic consumption, employment and training for local workers, and measures aimed at eliminating dependency on other regions.
<i>Analyst Timur Nigmatullin explains why the U.S. is not rushing to call off the sanctions against Russian companies</i>
Businessman Oleg Deripaska agreed to reduce his stake in En+ Group, a holding company of Rusal, below 50 percent and leave its board of directors.* Prior to that, Steve Mnuchin, head of the U.S. [Read more]
[E]verything indicates that the confrontation between the United States and China will be serious.
He promised, and he delivered: America First.
The economic policy of Trump has a stale air and is a little childish...like returning to metal toys and block letters.
"Behind protectionism, Trump hides his inability to face problems in international forums by way of multilateralism."