Trump’s trade delusion

Trump's trade delusion

Halfway across the Pacific Ocean, Donald Trump heard the closing statements from the G7 summit in Quebec (which he had left early to meet North Korean dictator Kim Jong-un in Singapore).
All the G7 countries had signed up to an anodyne closing communique that papered over the huge gap between the United States and the other six on world trade ― but Canada’s Prime Minister Justin Trudeau then said once again he would answer Trump’s big new tariffs on steel and aluminum imports with new Canadian tariffs hitting U.S. exports just as hard.
He had said it before, including […]

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