March 4, 2019

IF GOD DID NOT WANT THEM SHEARED HE WOULD NOT HAVE MADE THEM SHEEP:

Trump's trade war is politically motivated, yet hurts consumers and GOP voters, study shows (MICHAEL HILTZIK, MAR 04, 2019, LA Times)

President Trump and China's President Xi Jinping leave a meeting together in Beijing in 2017. Their trade war continues. (Nicolas Asfouri / AFP/Getty Images)
The economic rationale for President Trump's trade war with China has been so threadbare and the likelihood of losses so great that no one should be surprised that it hasn't been the success Trump predicted.

But the nature of its failure hasn't been quantified, until now. In a newly released study draft, a team of economists find that U.S. consumers have paid the entire price for Trump's tariffs. Producers in America's agricultural heartland -- largely Republican -- have been especially hammered.

"Workers in very Republican counties," they write, "bore the brunt of the costs of [the] trade war." Those in Democratic-leaning counties, meanwhile, "ended up experiencing relative gains (that is, experienced the smallest losses.)"

Of course, his supporters should bear the cost of race-driven policies.

Posted by at March 4, 2019 7:51 PM

  

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