Even as he puts a stake through Barack Obama’s ambitious, 12-nation trade pact with Asia, President Donald Trump has signaled he’s willing to strike narrower bilateral deals in the region. His first one should be with Japan.
Donald Trump has chosen Peter Navarro, one of the most ardent critics of trade with China, to head his newly created National Trade Council -- a move many consider to be the opening shot in a trade war.
The death of Cuba’s Fidel Castro offers an early glimpse at how U.S. President-elect Donald Trump will need to balance his pro-growth economic plans and allegiance to business with the hard-line campaign pledges that helped him win the election.
The benefits of free trade have been a cornerstone of economic thought for decades. Recently, though, trade agreements have become the target of a populist backlash, with opposition to trade deals emerging as a key issue in the presidential race. At the same time, new research suggests that trade led to lower wages and higher unemployment for some Americans, particularly middle-class manufacturing workers.
