Trump’s Volatile Approach Raises Alarms

New York Times: “In the space of a few hours, he declared that his own central bank chief was an ‘enemy,’ claimed sweeping powers not explicitly envisioned by the Constitution to ‘order’ American businesses to leave China and, when stock markets predictably tumbled, made a joke of it.”

“Mr. Trump’s wild and unscripted pronouncements on Friday renewed questions about his stewardship of the world’s largest economy even as he escalated a trade war with China before heading to France for a high-profile summit with the leaders of many of the world’s other major industrial powers.”

“Even some of his own aides and allies were alarmed by his behavior, seeing it as the flailing of a president increasingly anxious over the dark clouds some have detected hovering over an economy that until now has been the strongest selling point for his administration. They privately expressed concern that he was hurting the economy and was doing lasting damage to his own prospects for re-election.”