Will China Trump Donald Trump?

Will China Trump Donald Trump?

Mercantilism has destabilized the world for centuries. Before the Industrial Revolution, rulers stifled imports through tariffs and quotas to boost domestic production, weaken rival powers, and increase global influence. Inevitably, these moves led to short-term gains but also to political tension, territorial expansion, and fatiguing wars. The consequences of President-elect Donald Trump’s neo-mercantilist attitudes, particularly toward China, are unlikely to be as catastrophic, but they are still concerning. They will bring little employment relief to the American working class while irreparably damaging the world economy.

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