Relevant and even prescient commentary on news, politics and the economy.

Trump’s China tariff gambit is failing

Trump slapped 145% tariffs on China, thinking it would hurt them more then it would hurt the US. Of course, trade is global, and so China’s exports surged in April as a result of a jump in shipments to Southeast Asia, offsetting the drop in outbound goods to the U.S. “China’s exports to the Association […]