The Downside of Trump’s Rushed, Incomplete Trade Deals

The Downside of Trump’s Rushed, Incomplete Trade Deals

With his tariffs in place, a collection of tentative deals to hail and US equities testing new records, it’s little wonder that President Donald Trump is feeling buoyant about his efforts to remake the global economy.

The Gimmicks in Trump’s Trade Deals

National Conservatives and MAGA supporters have been crowing about how successful the Trump trade deals have been. “Are you tired of winning yet?” they ask. Look at all the tariff revenue. And the economy hasn’t crashed. And these countries have agreed to put hundreds of billions of dollars into the economy. What do the economists really know anyway? Well, economists know that we live in a world of constraints and tradeoffs. We know that the eco…

How Trump's dog deals will damage global trade with the US

Some commentators are hailing Trump’s trade deals and savvy negotiating. Are they right?