Outside views: Gloom, but not doom, in a 2019 trade forecast

The opening words of Crowell & Moring’s new assessment of global trade issues , part of its annual regulatory forecast released this week, are both sweeping and ominous. “The shifting winds of international trade are causing global businesses to rethink everything,” the Washington, DC-based law firm says, adding that the “rethink” was spawned largely by the Trump administration’s “America First” agenda as well as other countries' “bold changes to tariffs, privacy laws, and other regulations....” The tone is ominous enough,...