Toward a Rust Belt Powerhouse
Instead of hurling unfounded accusations at China on Twitter, US President-elect Donald Trump should be developing a genuine pro-growth strategy for America. Such a strategy could follow the British “northern powerhouse” model, focused on revitalizing the economies of the former manufacturing heartland.
LONDON – A few days ago, US President-elect Donald Trump took to Twitter – his medium of choice – to declare that he did not need China’s permission to contact Taiwan, because China didn’t ask for permission to devalue its currency. At that moment, my hope that the Trump shake-up would be economically beneficial for the United States diminished.