Are Trump’s tariffs a recipe for strategic failure in Asia?

WASHINGTON – As the beauty of spring unfolded around him in the Rose Garden adjacent to the Oval Office, US President Donald Trump told the world exactly how he intends to pursue big returns from trade on his way to restoring the lost glories of American manufacturing.

He said he would undo historical wrongs by

levying a flat 10 per cent tariff

on all wanting a piece of the world’s largest market and far bigger bites from trading partners who commit a “Trumpian” sin and run up large trade surpluses.