When it comes to trade, the ‘Deal-Maker-in-Chief’ gets his deal-making completely upside-down and backwards
According to the Amazon.com page for the book Trump: The Art of the Deal Donald Trump is “America’s foremost deal-maker” and his 1987 book gives us “an unguarded look at the mind of a brilliant entrepreneur and an unprecedented education in the art of the deal.”
Without reading the book, I’ll assume that Donald Trump would agree that when negotiating a deal, the goal of a successful deal-maker would be to maximize what he gets and minimizes what he has to give up in return. For example, when negotiating deals globally for furnishing Trump Hotels, I’m confident that Mr. Trump tries very hard to maximize the quantity and quality of the goods he acquires from overseas to furnish his properties (see graphic above) and minimize what he gives up in return (cash, in-kind payments that might include the advertising of furnishings at Trump Hotels or credits for lodging at Trump Hotels, etc.)
Περισσότερα εδώ:
Πηγή: American Enterprise Institute
