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Trump’s Tariffs Are an Opportunity for Harris

Rather than cynically embracing the new consensus against free trade, the Democrats should be promoting a more honest debate about the issue and tailoring their own policy proposals accordingly. To allow tariffs to become the new normal would be to invite economic – and potentially geopolitical – catastrophe.

PRINCETON – Although trade policy is being debated everywhere, rarely is it addressed honestly. Instead of focusing on costs and benefits, the issue is crudely framed as a matter of “foreign” versus “domestic” production. This lack of serious debate about economic openness will have catastrophic consequences. The new consensus that has emerged can only end in tears.

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