The Persistence of Trade Wars

Donald Trump's approach to trade reflects a continued belief in the value of trade wars, as evidenced by his aggressive tariff threats against countries like China, Canada, and Mexico. Although temporary ceasefires have been established, the underlying tension remains, suggesting that Trump has not shifted his stance on using tariffs as a negotiating tool. His claims of trade deficits being an 'atrocity' further highlight a fundamental misunderstanding of the economic implications of these impositions. These actions indicate a chaos-then-calm tactic where confusion is used to extract concessions, allowing Trump to assert victories without tangible changes in policy.