Tuesday 17 July 2018

Trade wars, economic ideology, and why Trump has a point

Trade has become a hot-button issue this year, with Trump having already implemented several rounds of tariffs targeted (primarily) at China, and threatened to continue ratcheting up measures should China follow through with retaliatory measures. The policies have created fears of a brewing trade war, and Trump's bluster has bewildered and dismayed many observers. However, the issues are in my opinion poorly understood and almost never properly articulated.