Sunday, April 27, 2025

Who wins the trade war? Every time you think you understand the state of play, President Trump simply flips the game board. The result: American economic uncertainty is now off the charts, registering highs well past the peak of pandemic panic. Economists are expecting a recession, automakers are already rolling through layoffs, and fund managers haven’t been so bearish on American assets in decades. The stock market looks more and more like a meme coin, heading for a possible rug pull, and the president looks like someone who simply enjoys inflicting pain on almost anyone while unable to feel any of it himself.

 

It’s Not Hard to Imagine a Chinese-Led Global Economy


Opinion Writer

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