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Trump Bets His Presidency on Tariffs as a Recession Looms

Patrick J. Buchanan, The American Conservative

Trump seeks to throw out a free trade policy that, rooted in 19th-century ideology rather than U.S. national interests, threw open American markets to the world and produced, over three decades, $12 trillion in trade deficits and a loss of 70,000 factories and five million manufacturing jobs. The weapon Trump is using to stop this looting is tariffs, a price of admission into the U.S. market. Trump is using tariffs to coerce China to stop cheating on the trade rules we have established and grant us the same access to her markets as Chinese producers have to American markets. And he is betting his presidency he can pull it off.

https://www.theamericanconservative.com/buchanan/trump-bets-his-presidency-on-tariffs-as-a-recession-looms/