How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs

[ad_1] Britain has watched President Trump’s tariffs with a mix of shock, fascination and queasy recognition. The country, after all, embarked on a similar experiment in economic isolationism when it voted to leave the European Union in 2016. Nearly nine years after the Brexit referendum, it is still reckoning with the costs. The lessons of … Read more

Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal

[ad_1] President Trump’s self-proclaimed “liberation day,” in which he announced across-the-board tariffs on the United States’ trading partners, carries an echo of another moment when an advanced Western economy threw up walls around itself. Like Brexit, Britain’s fateful vote nearly nine years ago to leave the European Union, Mr. Trump’s tariffs struck a hammer blow … Read more