A pro-active liberalization agenda in Geneva by Russia would be out of character, and so its proposal on foreign investment is underwhelming, yet still unique. Trump Undermines Trade In the run-up to this week’s meeting with Chinese President Xi Jinping, Donald Trump was asked what would be his counterpart’s motivation for addressing North Korea’s nuclear proliferation. He reportedly responded, “I think trade is the incentive. It is all about trade.” So, the president who declared unfair trade as the villain undermining America would concede to continued trade barriers by China in exchange for a few less North Korean missiles?Some in the economic sphere of American policy making have long fretted that the dominance of the State and Defens...