Donald Trump’s Trade-Knowledge Deficit
Donald Trump's quixotic quest to eliminate the US trade deficit completely misses the point, and shows why public policy should be based on valid economic theory, not gut feelings. If Trump goes down the protectionist path, he will do lasting damage to the US economy.
https://prosyn.org/r4DRLnA
PARIS – As a longtime champion of liberty and free trade, it is not surprising that the United States enjoys one of the highest standards of living in the world. But unless its policymakers act soon, the US could find itself in the same unhappy condition as my own country, France.