Effective opposition to President Donald Trump’s trade policies has yet to pop its head above the parapet. Old-school pro-trade types are sidelined — consoling themselves, perhaps, that the protectionist turn will reverse once the costs are clearer. Be patient, we tell ourselves: This, too, shall pass.
Will it? I don’t doubt that the policies will fail. By itself, however, that won’t restore the pre-Trump era.
The reason is not, or not only, our
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