Our president is obsessed with the idea that he’s being taken advantage of.
On the campaign trail he railed against immigrants who were supposedly stealing America’s jobs and draining its social services.
He spent the European leg of his first foreign trip whining about how other NATO members don’t pay their dues.
He also loves war (remember when he asked for a military parade as part of his inauguration?).
Trump is not exactly a details man so perhaps unintended consequences are beyond the scope of his attention span.
In that case he should consider other countries’ response – like say revenge – a concept more in line with his interests.
Our trade partners would certainly retaliate and as Krugman points out it’s not certain America would win.
‘For one thing we are far from being a dominant superpower in world trade’ he writes.
‘The European Union is just as big a player and capable of effective retaliation (as the Bush administration learned when it put tariffs on steel back in 2002).
Anyway trade isn’t about winning and losing: it generally makes both sides of the deal richer and a trade war usually hurts all the countries involved’.