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Potential carbon tariffs have been an active topic at the United Nations climate conference that wraps up this weekend in Madrid, where nearly 200 nations have been at odds over how to counter the continued global rise of greenhouse gas emissions. And some diplomats say it’s inevitable that governments will turn to trade barriers in […]
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Trade is good for America. This from the Trump administration’s Office of the US Trade Representative sums up the benefits well: “The United States is the world’s largest economy and the largest exporter and importer of goods and services. Trade is critical to America’s prosperity — fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.”
The new thinking on the populist right is that US economic policy has long focused far too much on consumption vs. production. Making stuff is important, too! But what does a change in emphasis look like in the real world?
“Jaw, jaw is better than war, war” is one of those well known Winston Churchill quotes that Churchill apparently never said. (Or at least 
President Trump’s idea to turn the G7 into a free trade zone strikes one as a bit impulsive and underthought. After all, the Trump trade record this year seems to suggest a different direction, from solar panel and washing machine tariffs back in January to the steel and aluminum tariffs in March to China tariffs perhaps coming up.