Trade wars are good, and easy to win?on May 21, 2019Donald Trump seems to believe that tariffs are an end unto themselves because they are bringing wealth into the country by forcing China to pay billions into the US treasury. An escalation in tariffs is likely to increase uncertainty, slow down business investment and increase unemployment, and ultimately affect growth. But it might also raise prices; the cost of the tariffs so far has been passed … [Read more...] about Trade wars are good, and easy to win?
