COMMENT:

You might think that recent events — market turmoil, weakening growth, declining manufacturing production — must be producing some soul-searching in the White House, particularly over Donald Trump's view that "trade wars are good, and easy to win." That is, you might think that if you haven't paid any attention to Trump's past behaviour.

What he's actually doing, of course, is attributing the economy's troubles to a vast conspiracy of people out to get him. And his recent remarks suggest, if anything, that he's preparing to open a new front in the trade war, this time against the European

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