As the vice president is now virtually assured to face Donald Trump on November 5, questions arise on what her election to U.S. president would mean for the rest of the world.
Tag: tariffs
President Trump’s erratic strikes against the world’s trading regime require a collective response, as unilateral state reprisals cannot check an ‘arrogant’ U.S. administration.
-Analysis- NEW YORK — What a difference two decades make. In 1997, China’s gross domestic product was about 11% of the U.S’s. By 2017, it was up to 63%. But this overstates the difference in living standards between the two countries, since prices are generally lower in China. In purchasing-power-parity terms, China’s economy became the world’s largest in about 2013. So which country’s economy is really bigger? The truth probably lies somewhere between these two figures. If China were to abolish its capital controls and open its currency to foreign speculation, there’s a good chance the yuan would rise in […]
-OpEd- MUNICH — Donald Trump may have extended the grace period by one month, but make no mistake about it, he’s still holding a gun to Europe’s head in the tariffs dispute. The EU shouldn’t have any illusions: To get what he wants, Trump will continue his attempted extortion. And why not? It’s worked elsewhere, […]
In the age of Trump, there are innumerable issues and arguments that go unnoticed or underreported because this president is sucking up the oxygen of the entire American media universe, with his indecisive tweets and resulting indecisive policies. This is one of those topics that escaped the public eye. It centers around Trump’s announcement to […]
The German chancellor’s upcoming visit to Washington will be a sober affair, particularly in contrast to the glitzy, red-carpet welcome the White House gave her French counterpart.
For decades, economists scorned protectionism as a losing proposition. Now some have begun to admit that not everyone benefits from open markets.
PARIS — “Previously on President Trump …” We have gotten used to following the news from the White House as we would a prime-time television drama. This week’s plot includes the long-awaited boot for Big Rex. Did he know it was coming? Who said what to whom, and when? What does it mean for Vlad? […]
At first glance, it looks as though leaders of the world’s most powerful countries learned the lesson from the 1930s: Closing the borders is harmful. But in reality, protectionism has taken on new forms.
In France’s presidential campaign, like last year’s race in the United States, protectionism is being used to woo the struggling working class. But workers would be its first victims.
Hipsters beware: beards have been on the list of unusual taxes.
The Ford Motor Company’s decision not to open an auto plant in Mexico — in a swift reaction to Donald Trump’s offhand threat to slap tariffs on all imported vehicles — is another sign that when the president-elect tweets, people pay attention. It’s also a reminder that Trump doesn’t need to build a wall to […]