The essential point is that trade wars are stupid, especially with a nation that is financing our debt. When our economy is booming of course we are going to buy lots of stuff from other nations. And when our economy is in a ditch, we can’t afford to buy stuff from anyone. So root for trade deficits.

But if Trump thinks he is going to inflict pain on China to make points with his base without inflicting more pain on all of us he is truly nuts.

Jim Ridgway, Jr. military writer — author of the American Civil War classic, “Apprentice Killers: The War of Lincoln and Davis.” Christmas gift, yes!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store