The dangerous absurdity of America’s trade wars 

Don Quixote fought windmills. US President Donald Trump fights trade deficits. Both battles are absurd, but at least Quixote’s was tinged with idealism. Trump’s is drenched in enraged ignorance. Last week, it was announced that the US international deficit on goods and services had widened to $621 billion, despite Trump’s promise that tough trade policies vis-à-vis Canada and Mexico, […]