Economic Nationalism with a Side of Wishful Thinking On Sunday morning talk shows, Trump administration officials were once again hawking a familiar product: tariffs. Secretary of State Marco Rubio claimed the U.S. must “reset” the trade status quo, invoking the now-standard refrain of “deindustrialization” to justify a regime of retaliatory protectionism. According to Rubio, we’ve lost our ability to manufacture and now must reassert economic sovereignty—whatever that’s supposed to mean in a hyper-connected global economy. Rubio’s rhetoric was heavy on grievance and light on strategy. “We can no longer make the things we need,” he declared. His solution? Punish the very system of trade that’s actually kept America’s economy afloat—while ignoring the structural rot beneath it all. Tariffs Are a…
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