Illustration: Craig Stephens
Stephen Roach
Opinion

Opinion

Stephen Roach

For all his bluster, Donald Trump’s approach to economics has three basic flaws. Look to 2020 for their impact

  • From corporate tax cuts to the trade war and pressuring the Fed, Trump has ignored the lessons of history and failed to grasp the link between budget deficits, tariffs and monetary policy. Even all his policy spin won’t hide the consequences of the blunders

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Illustration: Craig Stephens
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US President Donald Trump speaks before signing an executive order for sanctions on Iran's supreme leader in the Oval Office on Monday. Photo: AFP

Donald Trump threatens ‘obliteration’ as Iran condemns new US sanctions on Ayatollah Ali Khamenei

  • US president says any attack on ‘anything American’ will be met with ‘overwhelming force’
  • Iran earlier said new sanctions had closed path to diplomatic solution between the two nations
Topic |   Iran

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US President Donald Trump speaks before signing an executive order for sanctions on Iran's supreme leader in the Oval Office on Monday. Photo: AFP
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