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Trade

Promising Gain, Delivering Loss

Here in the Midwest, in America’s Dairyland, in a small college town surrounded by farms, Trumpism’s economic promises, never likely to do a body good, now slowly curdle: U.S. business groups say hundreds of thousands of American jobs are at stake as newly imposed trade barriers cause an abrupt slowdown of cross-border trade. The fallout is…

Tales of Unrequited Support

Wisconsinites who went for Trump now find themselves economically disadvantaged despite their support.  It’s become an international tale: how some residents of America’s Dairyland foolishly hoped for better from Trump and now find themselves experiencing worse: Plymouth, Wisconsin, styles itself as “the cheese capital of the world”. The town of 8,445 people, about an hour north…

A Metaphor for Trump’s Trade Policy

Wisconsin businesses are bracing themselves for European Union retaliation against Trump’s trade tariffs (“Harley-Davidson motorcycles, dairy products, ginseng, cranberries and other Wisconsin goods are likely to feel the sting of retaliation from steep tariffs announced Thursday by the White House on foreign metals”). Meanwhile, there’s no better visual metaphor for the difference between Trump’s trade…