Despite threats that border adjustments pose to the global trading system, the provisions continue to fit well with domestic politics in the United States and European countries like France and Italy, particularly at a time when major economies are still reeling from the worst downturn in decades.The journalist captures the conflict perfectly - one between crass political pandering on the one hand and the future of the global economy on the other. And the "humorous" part is the fact that the line was delivered without a hint of judgment or irony. Indeed, only in today's political environment can destroying the global economy "fit well with domestic politics in the United States."
Finally, today's NYT article is also valuable in one other way: another day has passed, and still no agreement on carbon tariffs.
Tick, tick, tick.