Tag: global economy

Trump may hurt globalization, but he will not end it.

It is really painful to look on as a despot-in-the-making now hands us the bill.

[T]he letter’s inconsistent capitalization, randomly emphasizing words like “TRADE,” “Great Honor,” “Tariff,” and “Non Tariff”, undermines the formality expected in high-level diplomatic correspondence.

The rash of tariffs by the U.S. and retaliatory actions by many affected countries, especially China, have put the world on edge.

While his character may be disconcerting, we cannot dismiss [Trump] as a moron.

Because the U.S. is the largest export market, the damage to Japan will be huge and will likely hurt the economic growth rate.

By wanting to abruptly draw a line under globalization, Trump is taking the risk of an uncontrollable escalation.