Economics
Trump Is Shattering Economic Taboos, and His Successors May Pay
- Tying Huawei, Fed to trade war flouts decades of U.S. doctrine
- Senior officials from past administrations warn of blowback
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On the receiving end of Donald Trump’s crusade against the global economic order, it’s often assumed, are faceless multilateral institutions or the rules that have governed international commerce since World War II.
But after a week in which the U.S. president broke two longstanding taboos, it may be his successors who pay the real price, according to senior officials from past administrations who say decades of diplomacy -- and America’s future credibility -- is at risk.