Monday, May 12, 2025

"Performing a Character"

"The genuinely complicated factor in these negotiations is that 'winning' with Trump is often impossible, because the relationship itself is lose-lose. Trump does not appear to recognize the possibility of a positive-sum engagement, and his attempts to turn a productive connection into an exploitative one create losses for both sides. This is most obvious in trade, where Trump's protectionist instincts have spread pain around the globe without generating any gains. His extortion of domestic firms and civil society has likewise undermined some of America's most admired sources of innovation, for no offsetting benefit other than the expansion of Trump's own power."

At The Atlantic, Jonathan Chait reacts to Donald Trump's backing down from the trade war with China.

No comments: