Many call the American effort to obtain either tariff parity or a reduction in the roughly $1 trillion trade deficit and 50 years of consecutive trade deficits a "trade war."
But then what do they call the policies of the past half-century by Europe, Asia, China, and others to ensure asymmetrical tariffs, pseudo-health and security trade restrictions, and large surpluses?
A trade peace? Trade fairness?
2. Do nations prefer surpluses or deficits?
Why do most nations prefer trade surpluses and protective tariffs?...
3. Would our trade partners prefer to trade places with us?...
A trade peace? Trade fairness?
2. Do nations prefer surpluses or deficits?
Why do most nations prefer trade surpluses and protective tariffs?...
3. Would our trade partners prefer to trade places with us?...
- What's next?
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