Guess what? We’re already rich
Judging by the results, the United States should be the last country that wants to reorder the world economy. We’ve thrived in recent decades, while other advanced democracies have fallen behind. If we’ve gotten “ripped off,” as President Trump and supporters of the trade war like to say, the supposed thieves have gained little and the purported victim has continued to march ahead. That doesn’t mean that we shouldn’t seek to change unfair trade practices and seek more independence from Chinese supply chains. Yet, it’s foolish to disrupt willy-nilly a system that has ...