Here Jeffrey Sachs very correctly identifies that Donald Trump is an idiot. For him global trade is a zero sum game which means someone must win and someone must lose. Yes, the US has a trade deficit with many countries but that is only a sign that Americans buy more from many smaller countries than they buy from the US.
This is not rocket science and yet his sycophants can't say anything because they are all cowed. Lisa Murkowski said as much in a town hall where she admitted that they are all afraid of backlash from the Kool-aid cult which is what happens when you force feed your population a steady stream of propaganda.
US trade policy is being run by someone with not even a high school level understanding of economics but don't tell that to the people wearing those big crosses on television.
With an intrinsically tied global economy the big loser will ultimately be the US as it isolates itself and cannot sell to the rest of the world. Maybe when those US firms moved off shore to lower costs and avoid paying taxes, they should have thought about how things would turn out on the home front.
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