Trump and Trade

This article discusses the problems with Trump’s attempt to spark a “trade war” with China (the term “trade war” is nonsensical; it is like saying “pedestrian motorist”). The author echoes a position I have, which is that Trump is undermining the foundation for economic success he is building by his deregulation efforts and the Tax Cut enacted last December.

Perhaps he is only playing the part of the dealmaker, where he takes a tougher stance initially, in order to get the party of the second part to acquiesce to something, but it is unnecessary for government to wheel’n’deal when it comes to trade, because the private entities that engage in trade are already doing the deals.

There should be no NAFTA. There should be no CAFTA, or GATT or TPP. There should be no government, negotiated trade treaties at all. Government just needs to remove itself from the trade arena altogether, and allow the interested parties do what they do.

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