Why is an expanding economy 'bad' and why is attempting to get foreign countries to drop trade barriers 'worse'?
Washington Post:
Trump has made it pretty clear that his end goal is to reduce trade barriers across the board, and some trading partners are bitterly clinging to barriers to US companies. Others like Japan and South Korea have reached agreements.
The question is why is the Washington Post rooting for foreign trade barriers and not for US companies and workers?
Trump is creating his own economic reality. And he’s set to take things from bad to worse this week.The article is self-contradictory. An expanding economy is creating jobs and wage increases. While there is some risk in the President's negotiating strategy to get a more level playing field for US companies and workers, the media sounds like it is rooting for foreign barriers to US goods and services.
The president's actions threaten to plunge an otherwise expanding economy further into a trade fight that is already rattling supply chains, spooking investors, delaying investment plans and prompting layoffs.
Trump has made it pretty clear that his end goal is to reduce trade barriers across the board, and some trading partners are bitterly clinging to barriers to US companies. Others like Japan and South Korea have reached agreements.
The question is why is the Washington Post rooting for foreign trade barriers and not for US companies and workers?
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