Trade negotiations are often mischaracterized as adversarial contests akin to warfare or chess. (The latter is increasingly invoked in varying degrees: 3d, 4d, and...
There is some significance in the fact that the new leader of one of the world’s largest religious denominations, and the head of the state and government of the world‘s most powerful and influential country, are both Americans.
In the discussion of tariffs, one seldom hears mention of the “infant industry” argument, yet for 200 years, this was the main argument in favor of tariffs.