Amidst a tumultuous week in both diplomacy and domestic politics, it would be easy to overlook a rare, promising multilateral trade move by the Trump administration. It is a welcome alternative to the Trump administration’s dominant approach, which has been to ratchet trade barriers ever-upwards. Critics of Chinese economic practices, such as the AFL-CIO, have complained for years about Chinese subsidies. The Trump administration has delivered lengthy and conflicting lists of demands, coupled with threats. The Trump administration has claimed credit for taking problems with China seriously.

Source: Forbes September 29, 2018 17:48 UTC