It has been hard this past week, of tariffs applied worldwide on April 2 to tariffs suspended except for China on April 9, to avoid reflecting on how much trouble could have been avoided if economists, instead of talking about countries’ trade surpluses and trade deficits, had devised different words — say, “buyer-dominant” countries and “seller-dominant” countries. Perhaps […]

Sen. Ron Johnson (R-Wis.) expressed uncertainty about President Trump’s trade policy to CNN’s Manu Raju on Wednesday. “I still don’t know exactly what his total strategy is,” Johnson said on Capitol Hill in a clip that aired on CNN’s “The Arena,” in a clip highlighted by Mediaite. “We know what his goal was … he...