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“Time and the world do not stand still. Change is the law of life.” John F.Kennedy

Winging a Trade War

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Jonathan Swan: “When the president threatened China with $100 billion in new tariffs, there had hardly been any White House discussion.”

“There wasn’t one single deliberative meeting in which senior officials sat down to debate the pros and cons of this historic threat. Trump didn’t even ask for advice from his new top economic adviser, Larry Kudlow, instead presenting the tariffs as a fait accompli. Chief of Staff John Kelly knew Trump wanted more tariffs but was blindsided by the speed of the announcement. And Legislative Affairs Director Marc Short — the White House’s liaison to Capitol Hill — was totally in the dark.”

“Trump had melted down Capitol Hill and roiled the markets with zero substantive internal debate.”


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Follow: Economy
Posted on 09.04.2018 02:15

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thank you..
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