My Trade Secrets today.
Even a less chaotic US president than Trump would struggle to reorder the world trading system.
Countries want tech transfer and export demand. The US is behind China on a lot of tech and won't do trade deals to increase market access.
And Trump is making everything worse.
[Trump discovers the US is no l...](https://on.ft.com/44HVgXN )
Scott Bessent repeating the same stuff about imbalances and the IMF not doing its job that every US Treasury official says. Here's then Treasury under-secretary Tim Adams delivering the same speech in 2005.
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Once again on this auspicious date of April 23 I feel the need to remind everyone that Shakespeare was born in what is now Turkey, never visited England and almost certainly could not speak or read English.