Friday, March 2, 2018

Trade War

I personally favor free trade, mainly because I studies lots and lots of economics in college and grad school and the evidence is overwhelming. Also because the 1930s. But I see President Trump's announcement of tariffs in the larger context of the populist revolt against the elites, elites who impose penalties and unpopular policies on the rubes. I can relate standing up for your own people when the rest of the world looks like it's going "pear-shaped," to borrow from Pat Condell.

In any case, at the New York Times, via Memeorandum, "In Retaliation for Trump's Plan, E.U. Leader Threatens Tariffs on Bourbon and Bluejeans."

And at Bloomberg: