Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The best thing that can be said about President Donald Trump's latest trade initiative is that it moves the U.S. back toward the kind of agreements Trump unwisely blew up when he became president.Trump seems readier to compromise these days with Europe, too, another positive shift after 20 months of intermittent trade tantrums.The financial markets, which Trump touts as a proxy for success, have been roaring this week at the prospect that we may see new trade agreements, rather than the trade war that Trump had threatened. The current virtuous economic cycle (solid expansion, wage growth and continued low inflation) may be good news for Trump, but it's also good news for everyone else.Trump has often misdiagnosed the China trade problem. It's not the sheer size of the U.S. trade deficit with China – though that was a staggering $375 billion last year, or about 65 percent of the total U.S. trade deficit. Trump was elected by a country that doubted the global trading system was benefiting the average worker.
What’s Trump’s plan for Iran? Nobody knows
Trump’s disruptive style has diminishing returns
The saga of the Chinese mole reads like a thriller
FOLLOW THIS ARTICLE