Trump’s leftist thinking on tariffs

There is a glaring omission in all the words spoken and written about tariffs since President Donald Trump announced his horrific new trade policies on April 2.

The scale of the probable horror is clear. Protectionism looks likely in the future to stanch American growth if it is not already doing so, kill American jobs, and erode American wealth. Stock prices melted down on Wall Street in reaction, gouging everyone’s retirement savings. 

For once, Capitol Hill Democrats were not exaggerating. They described Trump’s protectionism as a “catastrophe” and a “financial forest fire.” In a similar vein, European Commission President Ursula von der Leyen said, “The global economy will massively suffer.” She also noted that across the world, people will feel they have been “let down by

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