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Is America losing the trade war with China?

The Trump administration is going about its trade war with China all wrong. Its strategy and tactics are muddled. If Trump were a general watching the battle unfold, what he’d see is his troops getting slaughtered, while the enemy, though suffering casualties, was holding most of its positions. Trump has two goals, says Bill Reinsch, a trade expert at the ...

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Italy’s options all look terrible

Spare a thought for Luigi Di Maio and Matteo Salvini. Italy’s youthful deputy prime ministers have little idea of how they will cobble together a budget for next year. The two leaders of the ruling Five Star and League parties must try to stick by their expensive promises to voters, while not upsetting Italy’s euro zone allies and the financial ...

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Trump hands Huawei a stick to beat the US with

Twin moves by the White House and Commerce Department have made clear where the US stands on Chinese technology, specifically Huawei Technologies Co. The message to US companies seeking to buy products from the telecom-equipment vendor is unambiguous: Don’t even think about it. The message to Huawei, meanwhile, is: Don’t push us. In his executive order, President Donald Trump summarised ...

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