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 aim, we are [...]
Tag: vietnam
Vietnam: Asia’s Rising Star?
20 June 2019 The escalating trade war between the USA and China has already taken its toll on the global economy, with the export-oriented manufacturing sector hit hardest. And, it's not just the US and China feeling the pain. The following Chart highlights the slump in exports world-wide, especially in the open Asian economies. The [...]