“Negotiations between nation states require a great deal of flexibility and discipline. In the past few days, we’ve seen a variety of international negotiating tactics from the Trump administration.
Early last week, we saw strategic restraint. President Trump announced he would delay implementation of an additional $200 billion in tariffs on Chinese products due to progress in trade negotiations with the country. After already following through on the implementation of $250 billion in tariffs last year, which brought China to the table, Trump wanted to send a signal that the United States is a good faith partner. Ultimately, this restraint may allow talks to continue to move smoothly.
Then, late last week, we saw a display of strength. The President abruptly cut short his summit with North Korean dictator Kim Jong un because Kim’s demands were unreasonable. Trump needed to remind the North Korean leader that his country is the one that is economically desolate and isolated, and North Korea needs a deal more than the United States.
In the coming days, I hope we will see another negotiating tactic from President Trump in his administration’s international dealings: resolve.”
The Trump administration is facing criticism from some within the MAGA movement for its handling of the Jeffrey Epstein files. Former Vice President Mike Pence…
Chris Miller, Tufts Fletcher School associate professor and ‘Chip War’ author, joins ‘Squawk Box to discuss news of Nvidia resuming sales of its H20 general…
Loretta Mester, Fmr. Cleveland Fed President, joins ‘Fast Money’ to explain why she believes firing Jerome Powell would have a negative impact on the economy.…