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The Trump Administration’s Trade Philosophy Is A Threat To Stocks

March 1st, 2017 · No Comments

  • Capitalism is creative destruction, international trade isn’t any different. Singling it out as the one cause of destruction doesn’t make sense.
  • It is also factually incorrect, trade isn’t responsible for the bulk of US manufacturing job losses.
  • Focusing on trade, with a deeply flawed underlying logic, risks undermining the global economic order and achieving the opposite of intentions.

The Trump Administration’s Trade Philosophy Is A Threat To Stocks

Tags: Public Policy · Trump