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Trump should make a free-trade pact with China

  Here’s a suggestion for what should be among President Donald Trump’s priorities in Asia: Negotiate a free-trade agreement with China. You may think I’ve lost my mind. Hasn’t trade with China cost jobs and weakened U.S. industry, as Trump relentlessly argued during his campaign? Wouldn’t a free-trade pact only make matters worse? And isn’t the U.S. trade deficit with ...

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Markets would struggle to digest corporate tax reform

  Financial markets have been optimistic since the election of Donald J. Trump in the U.S., in part because investors assume that the incoming administration will pass some sort of business-friendly tax reform. But some of those reforms could hit investors in unexpected ways. One plank of Trump’s business-friendly tax reform, which Hillary Clinton proposed as well, entails giving multinational ...

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Populist policies that won’t kill growth

  Jean-Michel Paul When they were opposition figures, populists could content themselves with provocative slogans. Once in office they must produce concrete policies. The challenge for them — and for those incumbents trying to hold onto office — is to preserve the real gains of globalization while addressing the concerns of the new radical majority. Here are some policy directions ...

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