I’ve been making arguments for months that Donald Trump’s trade war with China is the height of stupidity. While Trump has the power to do what he’s been doing — sanctioning actors and applying tariffs — some power is best left not used.
The simple fact is that America is uncompetitive. This is at a deep and structural level. It’s at an education level. And this is something Trump’s trade team and his adherents refuse to admit.
https://tomluongo.me/2019/05/25/tariffs-on-china-do-not-solve-lack-of-u-s-competitiveness/
