Comment by ajross

8 months ago

Yeah, I get the arguments. They're just wrong. I'm not aware of a single time in history where a trade war worked to the advantage of the instigator. If you really want this, for the reasons you say, it's because we're already losing and cutting us off from the "enemy" just accelerates the loss.

Trade makes everyone richer, and the cost is that some of the people you don't want to be rich get rich. But willfully choosing to be poor doesn't fix that.