Source: CounterPunch
by Dean Baker
“Trump often makes allusions to card playing when discussing his negotiations on various issues, but in the case of trade, it seems he is the one missing cards. He has a much worse hand than he imagines as he attempts to extort our trading partners into make concessions on various issues. Our trading partners benefit from selling us stuff, or they wouldn’t do it. Trump apparently thinks that gives us enormous leverage in negotiations. What he somehow seems unable to understand is that the United States benefits from buying things from our trading partners.” (07/29/25)