Trump should use next week’s G-20 summit to find a trade victory with ChinaBy DAVID IGNATIUShome/Opinion/Op-Ed Columns/Trump should use next week’s G-20 summit to find a trade victory with ChinaWASHINGTON, D.C.: If President Trump is the dealmaker he claims to be, he should use the upcoming G-20 summit in Buenos Aires to declare a win in his trade war with China — before his bombast does any more damage to the global economy. The US economy hasn’t suffered significantly, but global growth is beginning to slow, and trade jitters are one reason. The downside of Trump’s trade isolationism is illustrated by the fact that the TPP is going ahead without the United States. To be blunt, this is a trade-focused administration that doesn’t seem to understand how global trade really works in 2018. Nearly two years on, Trump’s trade policies seem like a very big windup for a puny pitch.
Source: Manila Times November 23, 2018 16:18 UTC