Keir Starmer can help redefine global trade while strengthening new \u2013 and old \u2013 alliances<\/p>\n
\u2018Liberation Day\u201d was, of course, a tragic idiocy based on a bewildering inversion of reality. The rest of the world has not been ripping off or pillaging and plundering the US, as claimed by Trump launching his salvo of tariffs<\/a>, the highest for a century. The truth is the opposite.<\/p>\n There is no American \u201cnational emergency\u201d. The US still represents the same 25% of world GDP, as it did in 1980. More than half the goods it imports are from affiliates of US multinationals denominated and paid for in dollars, so its deficit is an accounting identity with itself rather than reflecting economic weakness.<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Keir Starmer can help redefine global trade while strengthening new \u2013 and old \u2013 alliances \u2018Liberation Day\u201d was, of course, a tragic idiocy based on a bewildering inversion of reality. The rest of the world has not been ripping off or pillaging and plundering the US, as claimed by Trump launching his salvo of tariffs, … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38029","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=38029"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38029\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=38029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=38029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=38029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}