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Trump’s tariffs look like a self-inflicted wound

“Trade wars,” President Donald Trump recently declared on Twitter, “are good, and easy to win.” But it’s questionable whether the president’s proposed tariffs — a tax of 25 percent on imported steel and 10 percent on imported aluminum — will be a war or an act of friendly fire. As I recently wrote, tariffs are generally not a good way ...

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Shinzo Abe’s greater political threat

The deepening Moritomo Gakuen school land-sale scandal could put an end to Abenomics. Japan’s Finance Minister Taro Aso refused to step down on Monday after it was revealed staff at his ministry had ordered the alteration of documents linked to the sale of government-owned property to the nationalist school operator. Prime Minister Shinzo Abe said he wants Aso to take ...

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Don’t be too relieved about Trump’s tax order

Strange what qualifies as good news from the White House these days. President Donald Trump’s order on tariffs was more limited than first threatened and reassuringly vague. So yes, it could have been worse. Trump has given ground in the face of frantic representations from many Republicans and leaders of American business. “We’re going to be very flexible,” he says. ...

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