The Market Ticker - The Truth About Tariffs And 'Trade Wars'
Let me preface this by saying that the way Trump is going about this trade issue is wrong. He’s getting a better result than doing nothing, but the fact of the matter is that he’s approaching it incorrectly, and it’s by mere accident that the outcomes are working out.
Specifically, on outcomes, import prices are down and export prices are up. How’s that bad, exactly?
As I pointed out in Leverage in my section in recommending Wage and Environmental parity tariffs the problem with “free trade” policies is that they’re anything but because you
Source: https://www.market-ticker.org/akcs-www?post=233780
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