Marina Le Pen, the president of the far-right National Front, who took part in the French presidential election, defined her economic policy as witty protectionism and vowed to restore the glory of made in France by erecting walls. On the other side of the Atlantic, protectionism is also strong in current American politics. Members of the Communist Party of China in Congress are trying to establish a border adjustment system in which imports are taxed and exports are duty-free. Some people even plan to start a trade war, carefully calculating the loss-to-income ratio. There is no other area that divides politicians and economists as much as trade.
m?
Neutral