Peter Osterman
Pseudonym of a senior European diplomat with long experience in China.
Pseudonym of a senior European diplomat with long experience in China.
From cutting taxes to raising tariffs to eroding central-bank independence, US President-elect Donald Trump has made a wide range of economic promises, many of which threaten to blow up the deficit and fuel inflation. But powerful institutional, political, and economic constraints, together with Trump’s capriciousness, have spurred disagreement about how worried we should be.