Trump Unchained: Turkey, China, and North Korea

Over the past 24 hours, there have been a number of policy decisions coming out of the White House which I would group under the moniker 'Trump Unchained'. That's the term I used in March to describe what I saw then as a likely hardening of aggressive and unilateral moves from the Trump Administration.

And indeed, since that time, the Trump Administration has been more bold, and perhaps more unpredictable as well. The recent policy decisions regarding Turkey, China and North Korea highlight this shift.
Turkey gets the cold shoulder
Let's look at Turkey first since I have been calling it a potential canary in the coalmine for an emerging markets crisis. The latest news is that Trump has vowed to double metals tariffs against Turkey due to a dispute over an American detained in Turkey. This...


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