VDH: The Left Rages Against Trump But Offers No Real Alternatives
I agree with most of this.
In particular:
Please make the argument that the real losers are the recent economies of India, China, or Mexico, which supposedly foolishly tax imports and yet demand tariff-free exports, all to run up surpluses. Are they suicidal and we, the masters of trade deficits, the real geniuses?
Economists inveterately opposed to tariffs may well have an answer to this--but I haven't run across it yet.
Again, I'm not saying that I deserve and opinion about this, nor that anybody should listen to me about it. But I'm not convinced that basically every other country in the world is stupid, and shooting itself in the foot with its own tariffs...and we're the smart ones for letting them do it. They put tariffs on our goods and we didn't reciprocate. Win!
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