Re:US launches inquiry into French plan to tax tech giants
by throwaway925 on Thursday July 11, 2019 @05:56AM
(#20410353)
Trade balances aren't really a good measure of who is winning and losing. The more trade, the bigger the welfare gains. Shutting trade in order to close a trade deficit is bad policy. I understand that Trump uses that threat in order to get more favourable terms for the domestic producers, but I am sure he's aware of the mutual damage of blocking trade altogether.
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