Trump can still reinvent the Middle East, despite economic horror show - opinion

Jerusalem Post - 18/04
MIDDLE ISRAEL | Trump’s economic alchemy has now attacked not only by liberal media – that went without saying – but also by the most pro-market press.

Talk about farce. First the world’s biggest economy stunned mankind with a dramatic announcement in which the American president himself displayed elaborate charts on big boards punishing scores of countries with tariffs ranging from 10% to 50%.

That was on April 2. Seven days on, the same president effectively said “oops,” suspending his entire move, excepting China. But duties on Chinese goods were also not left the way they had been reset only the previous week, and now were spiked from an already staggering 34% to an altogether astronomical 125%.

That was on Wednesday, April 9. On Friday, April 11, the US Customs and Border Protection agency said the new duties on Chinese imports would not apply to smartphones, computers, semiconductors, modems, flash drives, and other electronic goods.

Added up, it’s been a celebration of econ...
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