The Corner

Economy & Business

Trump’s Retreat on China Is, on Balance, Welcome

The president is losing the trade war with China. That’s not an ideal outcome. But the best possible outcome was always unlikely, and there are worse scenarios that we should be grateful we seem, so far, to be avoiding. So I argue at Bloomberg Opinion today.

Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

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