With 'tariff man' President Trump waging a tariff war and Democratic candidates pushing against big international deals, free trade has become politically homeless, writes John Harwood.
With "tariff man" President Trump waging a tariff war and Democratic candidates pushing against big international deals, free trade has become politically homeless.
Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California on May 14, 2019.The cacophonous opening of the 2020 presidential campaign has clarified one thing: free trade is now politically homeless. "The new bipartisanship is opposition to free trade," says Richard Haass, who advised past Republican presidents and now runs the Council on Foreign Relations. "It will be extraordinarily hard to resurrect a consensus that could pass a trade bill."
As he seeks reelection, President Donald Trump pursues a tariff war rattling financial markets and executive suites. On trade and immigration, a modern GOP dependent on working-class white voters embraces populism over business-friendly free-market conservatism.
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