As so often with the Trump administration, it’s easy to get bogged down in the contradictory, unusual or flat-out salacious headlines. Solar panels! Washington machines! Den of the globalizers! No female CEOs! But Trump’s first trade week of 2018, which began with the imposition of retaliatory tariffs and ended with him giving a speech in Davos, did yield the outline of an international economic policy. It has two elements which have appeared consistently across Administration policy actions, even as they may seem to be in tension with each other. One is don’t spook the [Wall Street] horses; the other, pivot away from multilateral economic governance.