Trade Wars: The Pain and the “Gain” (video)

If you’re interested in understanding the cold realities of protectionism, this short clip touches on the long-term commonsense of the issues of the day, as well as where all of the short-term thinking comes from.

Ironically, as the U.N.’s Director of International Trade implies, the U.S. will be a huge loser in an escalated, protracted trade war, as will China; which is something we’ve been preaching here from the get-go:


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