While the legacy press fixates on who in the White House prefers which plan, the more important story has already been written—in the U.S. Trade Representative’s report, in the history of America’s failed trade battles, and in the decades of structural disadvantages quietly accepted by successive administrations. Given the trade barriers faced by U.S. businesses and workers all around the globe, the gnashing of teeth over Trump’s tariff proposals brings to mind the words of the prophet Jeremiah: “They dress the wound of my people with very little care, saying, ‘Peace, peace,’ when there is no peace at all.” Those words, famously repurposed by Patrick Henry in the spring of 1775, are not out of place here. It’s the beginning of the end of the trade war, the day America started fighting back.
Author: John Carney, John Carney
Published at: 2025-04-01 22:40:10
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