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How Peter Navarro, Trump's Tariff Animator, Became the Best Man Who Says Yes
Summary by Kancha
1 Articles
1 Articles
This expression is at the heart of the lexicon of free trade. Free trade in goods or services, free of tariffs or other barriers, is likely to lead to total production greater than if there had been no trade. Specialization makes economic sense: not all countries should cultivate their own peppers. (Years ago, Navarro described this as “one of the deepest truths of the whole economy.” Now it refers to the “called profits of trade.”) At Cambridge…
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