Economics

Trump seems to liken trade to a game of poker – a zero-sum game. As trade can be win-win, or lose-lose as of late, that analogy fails to hold up. However, supposing it does hold up, America with its large stack would likely be a hybrid of “donkey” and “bully;” and although bullies are irksome, should Singapore play her cards right, she might just win the final laugh.

IT’S LIBERATION DAY IN AMERICA! Against all forms of conventional economic advice, Donald Trump doubles down on his signature policy move and has made good on threats to punish the world for what he views as unfair treatment of Americans. We have covered Trump’s 25% tariffs on Canada and Mexico in a previous Discuss Diglett article (partially rolled back since then). This time around, Trump has announced a 10% blanket hike on all exports to the US regardless of nation of orig