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Trump The Bargain Maker? (Canadian Lumber Edition)

A Don Boudreaux missive of the alphabet to the Boston Globe:

Jeff Jacoby superbly analyzes the Trump administration’s proposal to slap punitive tariffs on softwood lumber imports from Canada – that is, the administration’s proposal to punitively revenue enhancement Americans who purchase softwood lumber from Canadians (“Trump’s tariffs volition wound Americans,” May 3). The goal, of course, is to cut down the sum of Canadian lumber that nosotros Americans have inwards telephone commutation for our dollars.

Mr. Trump boasts most his mastery of the “art of the deal.” Given his administration’s approach to trade, nosotros tin forcefulness out thence conclude that, inwards Mr. Trump’s mind, a genuinely masterful deal-maker is somebody who, amongst each deal, commits himself to grade to his trading partner every bit much every bit possible spell he himself – the masterful deal-maker – gets inwards furnish every bit picayune every bit possible.

You’ll forgive me for beingness skeptical that such ‘artful’ deal-making volition growth our prosperity together with brand America keen again.

Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha together with Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030

The higher upward originally appeared at Cafe Hayek.

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