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Democrats no strangers to tariffs
News, Jeffrey Frankel, Published on 15/06/2018
» US President Donald Trump's aggressive approach to trade, which was on stark display at last week's G7 summit in Quebec, has elicited widespread derision. Critics point out that his tariffs hurt the domestic economy -- by raising costs for consumers and producers, and reducing foreign sales of farmers and other exporters -- while undermining America's relationships with its own allies. But there is one point that many observers get wrong: contrary to popular belief, Mr Trump's tariffs are not an unprecedented departure from historical Republican orthodoxy.
Obama leaves with higher rating than predecessors
News, Jeffrey Frankel, Published on 16/01/2017
» Any assessment of Barack Obama's eight-year US presidency should start at the beginning: His first inauguration, on Jan 20, 2009. The US economy was in free-fall: Financial markets had seized up, GDP was shrinking, and employment was plummeting, with some 800,000 jobs being lost each month. And two ill-conceived and badly executed foreign wars were under way.