This week, we look at what the international media have to say about the Brexit vote in the UK parliament, as well as at Donald Trump’s misconceptions about trade and currency.
The Guardian is disappointed that British MPs have voted in favour of enacting Article 50, which would start Britain’s exit from the EU. The newspaper writes that Britain belongs in the EU.
…Too many MPs genuflected to a referendum decision that sets Britain against its neighbours and its own place in the world and puts the UK economy at hazard. … Referendums are too often cuckoos in the nest of parliamentary sovereignty. But the passing of this bill is also wrong because this particular referendum made such a lamentable choice about the future of Britain. …
The Financial Times says that the Trump administration has not only made factual mistakes in claiming that Germany and Japan are manipulating their currencies, but also that the new US government is deliberately “playing divide and rule” in an effort to “sow discord among other nations”.
… Insofar as Mr Trump has a coherent view of the global economy, it is of a zero-sum world where one country’s gain, as measured by its bilateral trade surplus, is necessarily another one’s loss. This wrong-headed view has caused his administration to launch unwarranted attacks against its major trading partners … If it continues this course, the Trump administration is a clear and present danger to the global trading and monetary system. …