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.
The status of a “non-market economy country” is one of the few cards America could still play in trying to strategically block China, and it seems as if America will not let it go.
The global balance of power is changing at an unprecedented rate; chess pieces advancing in a perplexing brain game, where there are those who want to maintain their position at the top as indisputably first, as well as those deliberately changing the scene via the two variables in the eternal equation for power – [Read more]
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]
The main actor in Trump’s presidency so far has been American democracy, not the president himself.
Trump showed a great deal of respect to Xi Jinping and flooded him with compliments, but apparently he didn’t manage to accomplish much.