President Trump just fired his first shot in an economic war with the People’s Republic of China, by imposing tariffs on Chinese-made solar panels. One almost feels nostalgic for the 1980s trade battles with the Japanese – who were similarly portrayed as threatening and bent on world domination. Such fears proved overblown – as Japan’s […]
Abe needs a fourth arrow
Japan Prime Minister Shinzo Abe’s leadership has earned him public support ratings near 60%. However, he hasn’t managed to pull the economy out of its multi-decade slump. Critics attack the prime minister about the apparent failure of what’s called Abenomics, but it should be noted that none of his predecessors were any more successful on […]