Donald Trump’s decision to escalate the trade war with China is counter-productive, harmful to American consumers, and could even derail the stock market, argues Young Voices contributor Charlie Gers in his recent op-ed in The OC Register.
- Gers notes the results of a recent report from a raft of economists warning that the tariffs are costing U.S. companies and consumers $3 billion a month along with $1.4 billion of deadweight losses.
- Great pull quote: “In reality, fighting a trade war with China isn’t promoting American values — it’s just harming local producers, families, and vendors that seek to get more value for their hard-worked money.”