What other newspapers are saying: World needs fair, not free, trade
“To me, the most beautiful word in the dictionary is tariff,” Donald Trump told business leaders in October. “It’s my favourite word. It needs a public relations firm.” Now, with his election victory, Mr Trump’s words send a shiver through global capitals. Many fear he may pull a curtain across the US economy, locking them out of the world’s largest market and cutting off access to US technology. These fears are amplified by last year’s contraction in merchandise trade – which was the first such shrinkage at a time when the global economy was growing. However, it’s ...