Trump's Trade Lesson for Economists (and the World)

Trump’s Trade Lesson for Economists (and the World)


If America is in a trade war, the question to ask is, are we tired of winning yet?

“Donald Trump reaps $50bn tariff haul as world ‘chickens out,'” reads the Financial Times headline.

Advertisement

“Only China and Canada have retaliated against US president’s tariff war,” FT’s subhead adds.

“In the Trump-dominated global economy, the U.S. gets plenty but gives nothing in return,” reads a rueful post on X from Axios — another publication with an upmarket readership — promoting an article titled “Trump trade deals prove access to the U.S. still matters above all else.”

Populist publications have a different take:

“Trump’s trade deal bloc — let’s call it The Free World,” writes Breitbart’s John Carney on X, includes “57% of global GDP,” “40% of total global

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!