Yale's Roach Says U.S. Approach to Trade Is a 'Fools Game'

Yale University Professor Stephen Roach examines the United States concentrating on trade with China as it runs deficits with 102 nations.

Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.