Source: Reason
by Steven Greenhut
“Trade deficits are an accounting fiction. We all run trade deficits with our local grocery store—to each of our great advantage. Republicans are obsessed with halting immigration, yet what better way to reduce the pressure for job seekers to immigrate to the United States than encouraging the construction of job-producing factories in Mexico and elsewhere and then just simply trading with them? Free trade boosts consumer choice and economic growth. It reduces prices and makes for freer lives. Unfortunately, the president is doubling down rather than learning the right lesson.” (09/18/26)
https://reason.com/2026/09/18/no-cutting-off-trade-with-europe-would-not-make-america-wealthier/