Source: EconLog
by Scott Sumner
“I’ve been very discouraged by the global rise in nationalism. But there is one glimmer of hope. Nationalism is often its own worst enemy. Consider the current situation in North America. President Trump clearly dislikes Canada’s Liberal party (especially Justin Trudeau), and would vastly prefer a Conservative government take power north of the border. But Trump has recently antagonized the Canadian public … If the US starts imposing tariffs on our trading partners, that might further reduce the popularity of Trump among the European right. Given enough time, nationalism always breeds international conflict. Let’s hope it remains economic conflict.” (02/10/25)