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He believed these sorts of confabs were designed to string the U.S. along and avoid dealing with the trade problems at hand. “Strategic and economic bullshit,” he once called it. After the second day of talks, Lighthizer met with Trump privately. “You’re being played,” he told the president, according to multiple White House sources. The […]

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Donald Trump says trade wars are “good” and “easy to win.” But if the shock of a US-led trade war were to force China to open up and address the distortions in its domestic economy, Trump’s tariffs may prove to be a blessing in disguise. https://www.project-syndicate.org/commentary/american-trade-policy-double-standard-by-dani-rodrik-2018-05 https://www.project-syndicate.org/commentary/american-trade-policy-double-standard-by-dani-rodrik-2018-05

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