29 April 2025 Despite expressing grievances with Canada, Mexico, and the European Union, Asia is likely to emerge as the top target of the Trump trade war. Indeed, on the "Liberation Day" list, 6 out of the 10 highest tariffs would be imposed on Asian nations. To a degree, this is understandable. Nine of 15 … Continue reading Asia 2025: Top Trade War Target
13 April 2025 In his inaugural speech, President Trump pledged a "revolution of common sense". However, as French Enlightenment philospher Voltaire warned, "common sense is not so common". In his recent so-called Liberation Day presentation, Mr. Trump combined a misreading of history and poor economic analysis; unveiling "reciprocal" tariffs on the nation's trading partners. The … Continue reading Trump Tariffs: Common Sense is Not So Common
21 March 2025 The world Europe confronts is changing rapidly. On the hand, the United States is becoming widely viewed as an indispensible, but unreliable ally. Equally importantly, the global economy appears to be entering an era of rapid technological change for which Europe is not fully prepared. To be sure, the region enjoys an … Continue reading Europe: Reform Now or Be Left Behind!
2 March 2025 "Plus ca change" is a French adage loosely meaning "the more things change, the more they stay the same". To be sure, France enjoys an enviable socio-economic model: producing high levels of productivity and living standards combined with a strong commitment to equity and sustainability. Indeed, I have just returned from an … Continue reading France: Plus Ca Change?