Trump's mercantilist turn alarms world
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Donald Trump abandoned long-standing U.S. free-market principles in his second term, adopting mercantilist policies that prompted global economic wariness and GOP distancing, analysts said.
Reposted by Anne Krueger
Project Syndicate
Trump’s 21st-Century Mercantilism
Since his return to the White House, Donald Trump has turned his back on the free-market principles that the United States spent decades championing. In doing so, he threatens to dismantle the economic order that helped produce unprecedented growth in global output and trade.
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