There's one key lesson Trump could learn from the history books as he continues to fight his trade war against China
trade deal with China last week. The move helped to de-escalate tensions between the powerhouse economies in the short-run after nearly two years of tariffs being slapped on each other's products.
"Trump tried to bully them; they hung tough; and are basically ending up where they started, buying agricultural products while selling us increasingly sophisticated manufacturing goods," economist Paul KrugmanStill, it didn't prevent the White House from claiming a victory for an"amazing" and"historic" deal that actually punted most tough aspects, such as Chinese subsidies for state-owned companies, down the road.
With Britain busy fending off Napoleon's advance across Europe, many US lawmakers were optimistic and believed they had an opportunity to confront a weakened enemy. Aggrieved and determined to expand northward, the American government resolved to invade and annex Canada, a British territory."War hawks in Congress believed we were just going to march into Canada and unify all of North America," said Irwin, a Dartmouth professor.
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