The Economist has a scathing leader on Obama’s failure to give any form of resistance to the protectionist forces in the US.
In many ways the concluding sentence says it all:-
Given everything that is at stake, his decision not to exercise it amounts to an act of vandalism.
Quite. The reference being to the discretion not to acceded to the request for tariffs. As the article points out cheap tyres will be sourced from elsewhere, not a job will be saved, but entirely the wrong signals will have been sent and yet again the world will have seen a so called leader who does not lead, who panders to special interest groups again and again.
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