World Perspectives

Fake Analysis; Dubious Compensation; Schizophrenic Agriculture; MENAvoid

Fake Analysis There are various interpretations of the relative success or failure of President Trump’s provocative approach to trade policy. The analysis of the “Resist” camp, perhaps represented by former Obama administration official Larry Summers, warns that it has managed to align most countries with China against the U.S. This may make sense given that most nations are like China in that they have higher tariffs and run a trade surplus with the U.S. Additionally, they see China winning since the rise and fall of the stock market is signaling a high economic cost from the provocations. Joseph Stiglitz, another Democrat but with the Nobel Peace Prize, says Trump’s trade policy is “a very dangerous precede...

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