CNBC (June 8)
U.S. President Donald Trump “is playing a risky game by weaponizing US economic power with tariffs…. What’s clear already is that friends and rivals are more interested than ever before in exploring alternatives to the U.S.-dominated system.” This won’t take place overnight, but “consistent overuse of U.S. economic power has made the unthinkable more plausible.”
Tags: Economic power, Plausible, Risky, Tariffs, Trump, U.S.-dominated system, Unthinkable, Weaponizing
The Economist (June 22)
“The past 20 years have seen a massive redistribution of economic power to the emerging world. But so far there has been no comparable redistribution of brand power.” While Chinese firms account about a sixth of the globes largest companies by revenue, “Interbrand’s 2012 list of the 100 ‘best global brands’ included not one Chinese firm.” This could change quickly. “Emerging-market contenders are mounting their warhorses and readying their battering-rams.”
