US EditionIs the World Trade System "Unfair?" -- A Response to the Trump Tariffs
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.2 Articles
2 Articles
The media mainstream is plaring on all channels that Donald Trump has gone mad and launched a trade war against half the world. Truth is once again another. Above all, Trump's guiding principle, "America first", is above all a basic rule that Western European politicians have forgotten, who are always interested in anything but their own country. We expect that in the EU's case, it is more about establishing fairness in trade. Donald Trump's cur…
Is the World Trade System "Unfair?" -- A Response to the Trump Tariffs
The defenders of the Trump tariffs are starting to coalesce on a few different arguments, but what all these arguments seem to have in common is a core assumption that the current world trade system is "unfair." From Victor Davis Hanson via Powerline: Our trading partners have taken advantage of us for decades after tariffs were no longer needed to help them rebuild their economies after WWII. Or this: .@larry_kudlow: "There has to be a level …
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