Table.Briefings

Opinion

Tariffs: Why Trump doesn't understand "game theory"

Tariffs are supposed to enforce advantages, but in terms of game theory, they often lead to both sides losing in the end. Trump's strategy towards China triggers a classic “prisoner's dilemma” that damages the global economy and undermines rules such as those of the WTO.

By Koichi Hamada

G2G: No turning point in arms export policy

Government-to-government deals are to be welcomed if they serve security policy interests, writes Max Mutschler. However, they would be problematic if they were only used to prop up production in Germany.

By Max Mutschler