[T]he U.S. ally should understand the uniqueness of the current U.S. political climate and devise a way to deal with it accordingly.
If Trump announces the United States’ departure from NAFTA, it could just be a bargaining chip to buy popularity in the United States among his voter base.
The U.S. president is ratcheting up volatility in major pockets of potential armed conflict identified by analysts.
The reform will indulge the super rich, further confirming the power of a hereditary plutocracy, of which Trump is a ridiculous incarnation.
If the process of conflict resolution is weakened or is ignored by a major power, then no countries will adhere to WTO decisions and the trade system will fall into disarray.
China must plan for the worst. If we are prepared for the worst, we’ll have nothing to fear, no matter what happens. This isn’t alarmist; this is something that very well could happen. In a world where “Trump First” exists, anything is possible.
The main problem with this economic view is that it is anchored in the past.
The lack of diplomacy seen in Trump’s behavior is a legitimate concern in an unstable world.
Trade between the U.S. and China has long been the ballast of U.S.-Sino relations, but since Trump was elected president, concerns for the future of U.S.-Sino trade have been increasing. This is because the new president has claimed that he wants China to be classified as an “exchange rate manipulator,” and this is [Read more]
If Trump and his advisers are faithful to their principles, we must be prepared for sudden changes in the global trading system.