Source: Underthrow
by Max Borders
“Economic warfare is preferable to kinetic warfare, but economic warfare is still warfare. President Trump, full of characteristic bluster and bombast, is threatening war on multiple fronts. Tariff threats seem to be the only weapon in the arsenal. But when you couple such with all of Biden’s sanctions and seizures, adding trade wars threatens to push America into autarky. ‘The thing about trade wars,’ writes economist Donald Boudreaux, ‘is that they’re wars where governments inflict damage on their own citizens in the hope of persuading the other government to stop inflicting damage on its citizens.’ A bizarre war, indeed.” (01/28/25)
https://underthrow.substack.com/p/economic-warfare-is-still-warfare