Opinion - Trump's Panama Ocean Club project is a window into his tariff strategy
When Donald Trump built the Trump Ocean Club in Panama, he promised something iconic: a sail-shaped skyscraper with high-end shops, luxury condos, a hotel and a casino. What followed was years of lawsuits, mismanagement, bitter disputes with the owner and a court-ordered removal of the Trump name.
That project is a microcosm of how Trump handles negotiations not just in real estate, but on the global trade stage.
This month, Trump announced sweeping new tariffs against nearly every major trading partner. It wasnt based on targeting specific industries or detailed analysis. It was broad, aggressive and intentionally disruptive. Its also exactly what youd expect if youd followed his business career, especially what happened in Panama.
The Trump strategy is this: assert dominance first, escalate quickly, keep things stirred up and refuse to back down. It doesnt matter if youre a condo board in Central America or the European Union.
https://www.yahoo.com/news/opinion-trump-panama-ocean-club-150000979.html