Summary
The Wall Street Journal mocked Trump’s tariff policy, calling his pause on Canadian and Mexican import taxes a retreat rather than a “genius power play.”
It criticized Trump for claiming victory despite making only minor trade deals.
Trump agreed to a 30-day delay after Mexico and Canada offered border security concessions.
The Journal previously called his trade war “the dumbest in history.”
Idk- from by (basic) understanding of capitalism, once the market is saturated you need a spacial fix in order to keep extracting profit.
I think free trade would benefit capitalist economies since it would allow for easier expansion into new markets. Correct me if I’m wrong though cause I don’t know that much about economics and theory behind all this