“Trade wars are good, and easy to win” – President Donald Trump, by tweet, 5:50 a.m. ET, March 2, 2018.
Excuse me, but Donald Trump is a fool – a blithering, dangerous fool.
This is the 21st century. Trade wars are never good. In today’s interdependent world, they may be impossible for any nation to win, even the United States, which is no longer the economic colossus that Trump, stuck in an isolationist time warp, believes it is.