Zhang Jun, Project Syndicate
By Robert J. Samuelson • Read more »
interview with Raghuram Rajan via Money Control
Hoover Institution fellow Raghuram Rajan says he believes that the US tax plan will boost the economy, and he notes that the central banks will have to raise rates gradually.
SHANGHAI—The last time Washington mobilized for a trade war, Ronald Reagan was president and Japan the adversary.
Today, the White House is readying the same big guns—a mix of tariffs and quotas—aimed mainly at Chinese imports. It has in its sights everything from steel to solar panels and washing machines . . .
https://www.wsj.com/articles/battle-stations-u-s-and-china-prepare-for-trade-clash-of-the-titans-1516098604?mg=prod/accounts-wsj
https://www.washingtontimes.com/news/2018/jan/16/donald-trump-tells-xi-jinping-disappointment-growi/