Global Trade Debacle The global trading environment has returned this week to a negative trend where policies are likely to get worse long before they get better. President Trump grabs headlines with his negative view toward resolving disputes with China until after next year’s U.S. presidential election, the imposition of new trade barriers against Argentina and Brazil, and the threat of new tariffs against France. But he is not alone. Reports indicate that China is considering blacklisting U.S. companies on an unreliable entities list, if it hasn’t already done so informally, and enforcing its social credit system whereby companies are graded based on their efforts to build “a Socialist harmonious society.” There...