Mr. Tariff Ups the Ante on China

Donald Trump just jumped the shark calling himself, "Mr. Tariff."  He believes a trade deficit is akin to stealing the wealth of a nation.  It isn't. Under normal conditions a trade deficit is simply a reflection of the difference in comparative advantage of one country's workers over anothers.  And the value of the currency is … Continue reading Mr. Tariff Ups the Ante on China