Trump’s Trade Paradox
He rails against U.S. trade deficits but pushes policies that deepen vulnerability. Tariffs on surplus countries (like China) spark retaliation, hitting U.S. farmers/industries. Meanwhile, America’s import reliance leaves it exposed to supply chaos + higher costs.
Fixing deficits requires investing in competitiveness—not just shooting yourself (and everyone else) in the foot.
Am I wrong? Can an economist comment please?
#TradeWars #Economics #USPol
He rails against U.S. trade deficits but pushes policies that deepen vulnerability. Tariffs on surplus countries (like China) spark retaliation, hitting U.S. farmers/industries. Meanwhile, America’s import reliance leaves it exposed to supply chaos + higher costs.
Fixing deficits requires investing in competitiveness—not just shooting yourself (and everyone else) in the foot.
Am I wrong? Can an economist comment please?
#TradeWars #Economics #USPol