The Economic Consequences of the Trump Administration’s Policies | by Michael Spence - Project Syndicate

The Economic Consequences of the Trump Administration’s Policies | by Michael Spence - Project Syndicate

As the US president sows confusion and uncertainty worldwide, it is understandable that short-term disruptions get most of the attention. But the longer-term effects of his administration’s policies are likely to be more significant and far-reaching – and they will probably be only partly reversible.