Trump’s Mercantilist Mess
When US President Donald Trump boasted that trade wars are "easy to win" in March 2018, it was convenient to dismiss the remark as a rhetorical flourish. Yet it is now clear that Trump meant it, because he genuinely believes the bizarre and anachronistic macroeconomic theories underlying his approach.
https://prosyn.org/Jf0gLtk
CAMBRIDGE – When US President Donald Trump quipped in March 2018 that “trade wars are good, and easy to win,” many dismissed his remark as a mostly harmless rhetorical flourish. But was it?