“China is basically trying to steal the future,” declared Peter Navarro, a top trade adviser, a year ago. So why did Trump wimp out on trade? At a more granular level, none of the pieces of Trump trade strategy have worked as promised. Will Trump’s trade defeat hurt him politically? Many Americans will surely buy the spin, and the trade war was never popular anyway.

Source: New York Times December 16, 2019 23:26 UTC