Exposing Trump’s Trade Fallacies And American Manufacturing Myths

Exposing Trump’s Trade Fallacies And American Manufacturing Myths

David Harsanyi, senior editor at The Federalist, and Scott Lincicome, senior contributor and trade attorney, hosted The Federalist Radio Hour where they discussed Donald Trump’s trade policy, foreign and domestic manufacturing, and the new Benghazi movie, 13 Hours.  

Lincicome, adjunct scholar at the Cato Institute, explained the fallacies behind Donald Trump’s statements on losing to China in trade. The idea that the President has power to unilaterally raise tariffs by 45 percent, as Trump says he will, is absurd. “Not only is there a serious problem under U.S. law, there’s also the problem of our global international relations at the World Trade Organization,” he said.

Harsanyi and Lincicome addressed the myths that Americans believe about job creation and whether jobs are actually being lost in the U.S. “People value security more than they value progress,” Harsanyi said. “They want to know that they’re going to have a job and a pension. Not everyone is as excited about the creative aspects of an economy as they are the guarantee of a job.”

Later in the hour, Rebecca Cusey, movie critic at The Federalist, joined to review Michael Bay’s 13 Hours, and explained why so many critics have not appreciated it the way the general public has.  “Movie critics in general tend to think the same way Hollywood does about soldiers and movies that are unapologetically patriotic,” she said. “They get uncomfortable if soldiers are portrayed well.”

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