Donald Trump’s trade policies were bad when he was president, and they would be much worse if he becomes president again. He is proposing a minimum tariff on all imports, with aides floating a rate of 10 percent. After his record of failure on specific tariffs for washing machines or steel and aluminum during his presidency, a universalized version of that failure is in nobody’s best interest — except trade lawyers in Washington, D.C.
Despite its description as universal, if actually implemented, it would not be. Every lobbyist from every company with…
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