Breitbart Business Digest: Why Trump Won the Trade War Before the First Shot Was Fired

The Trade Revolt That Was Never Going to Happen

Back in mid-July, Financial Times columnist Martin Wolf issued a call to arms. President Trump’s new tariff plan, he warned, was not just “madness” but a moral offense, one demanding coordinated retaliation by America’s trading partners. The United States had “gone rogue,” he declared. It was time for the world to push back.

But like so many economists and pundits, Wolf missed a basic truth about the global economy: there is no international coalition that can afford to stop trading with the United States because they all depend on us to buy what they sell.

What we got in the weeks that followed…

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