President Trump has stated on numerous occasions that he wants to increase trade. Under his wise rule, he assures us, American trade will thrive. It will be Yuge! Why would anyone doubt that desire? He’s a businessman and businessmen want to do more business not less. In pursuit of this, Trump has also said that that he favours a low or no tariff world, but that it must be based on reciprocity – an easily understandable form of fairness but one which has earned Trump scorn from right, left, and centre.

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