As a counter I think he believes in Mercantilism. Its the only way the “tariffs” he said existed make sense. They are a percentage of our trade deficit, and all trade deficit is bad.
The problem is to correct the deficit you have to get those places to either A) buy more from the US or B) buy less from them. And trade is not a zero sum game.
As a counter I think he believes in Mercantilism. Its the only way the “tariffs” he said existed make sense. They are a percentage of our trade deficit, and all trade deficit is bad.
The problem is to correct the deficit you have to get those places to either A) buy more from the US or B) buy less from them. And trade is not a zero sum game.