Trump’s Council of Economic Advisors Chief Shows He Means Business

Stephen Miran has articulated a pragmatic, America -First developmentalism.

Trump has the opportunity to transform the international trade system on a scale seen once in a generation.

Miran : The path to success in reshaping the global trading system is narrow.

The constant overvaluation of the dollar weakens the U.S. manufacturing sector, making imports cheaper.

Financial analyst Zoltan Pozsar believes that the emergence of the petro-yuan is a harbinger of a new global financial order defined by a bifurcation between the West and the BRICS .

The BRICS represent 24 percent of the global GDP and over 16 percent of global trade.

The escalation of trade tensions could trigger a tit-for-tat chain reaction—and here, much will depend on the individual judgment of the president.