Is it too much to ask that the government not insult our intelligence while it is lightening our wallets? As an overture to his predictable announcement of steel and aluminum tariffs, the president, that human sponge ever eager to soak up information, held a “listening session,” at which he listened to executives of steel and aluminum companies urge him to ...

My father’s words still ring loud a couple of decades later. “No one wins a war.” We were talking about military conflicts, yet those same five words are just as true for a trade war. US President Donald Trump clearly has other ideas. “Easy to win,” he says! One has to wonder how the US will prevail in a trade ...

As if a brewing trade war wasn’t enough to worry about, investors also need to be alert to the threat of a major currency conflict. Norihiro Takahashi, president of Japan’s Government Pension Investment Fund, dismissed Donald Trump’s tariffs plan as a “performance” for his supporters, and said US assets are no longer expensive, in an interview with The Wall Street ...