“Trump’s corporate decisions are patterned after his real estate model! Despite lots of coaching by CEO global masters, Trump can only think of value and pricing as blocks, not as flow as modern managers and nations do, knowing trade is moving money, not income or profit, a cash flow that accurately glimpses the supply chain, absent political vulnerabilities.”
Trump’s tariffs opened trade to political vulnerabilities, and several nations have gone directly after bourbon, an American whiskey made in Kentucky. Wisconsin cheese is a target, too. Maine could lost 25% of its lobster sales, with the lost multiplier rippling through the economy.
Meanwhile, Trump’s Pennsylvania Avenue landmark hotel is filled nightly, business class and foreign meetings, everyday events. (My comment, [https://www.nytimes.com/2018/07/09/world/europe/david-davis-brexit-resign.html?comments#permid=27786157])