Europe and China would be foolish to retaliate to US tariffs

Trump’s protectionism can only spiral into a trade war if other countries react rashly. If they do, they will lose out financially and will also lose the high moral ground, says Dani Rodrik.

Europe and China would be foolish to retaliate to US tariffs

Trump’s protectionism can only spiral into a trade war if other countries react rashly. If they do, they will lose out financially and will also lose the high moral ground, says Dani Rodrik.

DEFYING common sense and business and financial elites, US president, Donald Trump, seems to relish the prospect of a trade war.

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