Opinion | The Trade War’s Winners Don’t Include Us

From WSJopinion: Lost foreign markets, retaliation, higher prices, falling investment. Where's the upside of Trump’s trade war? asks Robert B. Zoellick

The continuing trade war with China is leading both economies into uncharted and potentially dangerous waters. Image: AP/Getty/Composite: Brad HowardPresident Trump’s trade thunder booms so frequently that the public has difficulty discerning what’s really happening. After more than two years of trial and much error, Congress and the country should step back to survey the big picture.

The president’s trade policy represents a fundamental break from the past 85 years. It’s more than a matter of aggressive negotiating tactics. Not since Herbert Hoover has a U.S. president so openly embraced trade protectionism. In his inaugural address, Mr. Trump proudly proclaimed himself...

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