Saturday, December 17, 2016

Eswar Prasad — Trump’s Chinese Scapegoat

A charitable interpretation is that, as a tough and pragmatic businessman, Trump is simply using threats to stake out a strong bargaining position, and that sense and reason will ultimately prevail. But the longer Trump’s incendiary rhetoric continues, the higher the risk that it will produce real-world consequences....
Project Syndicate
Trump’s Chinese Scapegoat
Eswar Prasad | Professor of Trade Policy at the Dyson School of Applied Economics and Management, Cornell University, senior fellow at the Brookings Institution, and author of Gaining Currency: The Rise of the Renminbi

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