The Dangerous Absurdity of America’s Trade Wars (Project-Syndicate)

US President Donald Trump’s trade policies not only seek to improve America’s external balance, but also represent a misguided attempt to contain China and even to weaken Europe. Seen in this context, Trump’s misconceived trade wars are nearly as predictable as the macroeconomic imbalances they have so spectacularly failed to address.

https://www.project-syndicate.org/commentary/trump-dangerous-absurd-trade-wars-by-jeffrey-d-sachs-2019-03

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of PovertyCommon WealthThe Age of Sustainable DevelopmentBuilding the New American Economy, and most recently, A New Foreign Policy: Beyond American Exceptionalism.

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