Donald Trump (All General Trump Conversations Here)
You've conceded the point then. Trump's policies won't lead to a sustainable level of four per cent growth as he claimed, so I was right to say that his claim was false. It's either an exaggeration or another deliberate lie.
And his brand of protectionism will not lead to more growth in the long term compared to free trade because, for a start, it makes the US less competitive. Trump has
already had to pencil in twelve billion dollars to pay farmers who have lost their markets because of retaliatory moves by other countries, notably China. Protectionism may be necessary in limited circumstances but Trump's trade war tarriffs won't work now because
other countries won't let them work (I'll try to find the source but the figure I saw was they would in a best case scenario lead to a moderate reduction in GDP of a quarter of a per cent per year or so). The other obvious point is Trump is not even using them for economic reasons. If there were solid economic reasons behind them, at least his own party would support them. But, it's more like, as
Benkei pointed out, an ill-thought-out exercise in foreigner bashing to appeal to his base.