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Trump may present trade imbalances as a zero sum game, I am pretty sure he does not believe it. The real thinking is that being a net importer gives you more n
by graemep 1y ago
Trump may present trade imbalances as a zero sum game, I am pretty sure he does not believe it.
The real thinking is that being a net importer gives you more negotiating power so you can use that to get a better deal.
its well worth looking at what people like Miran and Bessent said (before they were in government) to see what is driving all this.