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bsmall2

> Economists often say the government should not be run like a business, but in this case the comparison is useful. A businessman that shows himself to be an untrustworthy partner soon finds that no one wants to do business with him. If Donald Trump shows that the United States can’t be trusted to abide by its deals and conduct normal trading relations, our trading partners will look elsewhere.
cepr.net/publications/trump_tr

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CEPRThere’s One Word for Trump’s Erratic Negotiating Strategy: StupidUnderstanding Trump's trade policy: its implications for industries, jobs, and international relations.

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> The logical response from foreign leaders trying to boost their own economies would be to do as little business as possible with the United States and to look to charge a premium on the transactions they do undertake. This is largely the story of Trump’s business career. Because he had a history of not paying contractors, many refused to work for him altogether, and the ones that did work for him wanted to be paid in advance.

#TrumpUSA #MAGABusiness #USAForeignRelations
@bsmall2@writing.exchange