Any political regime depends in part upon trust, and, when those in power do not live up to their commitments to the people, an appetite for change grows.
Free trade supporters will be disappointed in clauses such as the minimum wage requirement and recognition of bargaining rights. But such clauses appeal to union voters, who like Trump.
It seems almost embarrassing to have to rehearse the case for free trade, but Donald Trump is determined to make us learn it all over again, the hard way.
Given both the negative economic effects and political risks, President Trump’s latest trade war with allies seems a miscalculated move, a fight he shouldn’t have picked.
The administration is better off with Larry Kudlow, a champion for free markets and open trade.
World trade in goods and services has morphed into a gigantic manipulative carnival of currency trading. This needs to change.
Protectionists want to force poor American consumers to subsidize well-connected cronies. They must no longer be given free rein to mislead with impunity.
Few Republicans pushed back against Donald Trump’s litany of absurdities regarding international trade. Democrats were no better.
There’s really not a whole lot of difference between Hillary Clinton’s “economic patriotism” and Donald Trump’s “economic nationalism.”
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