Given President Trump’s trade wars against China and other countries, the natural tendency is to focus on Chinese and American producers and consumers as the victims of Trump’s destructive trade folly.

Keep in mind that in every trade, both sides benefit by improving their respective standard of living. That’s because in every trade, both traders give up something they value less for something they value more. Thus, standards of living can rise through the simple act of … Continue reading Trump’s Trade Wars Destroy Our Freedom