The people enacting these policies (Trump admin) argue that what we currently have is not trade, given how the Chinese have manipulated the markets, it is a one sided agreement. Free trade requires both sides not place restrictions on the others. Would you say this is true? Sometimes I feel like economic theory is like psychology, it seems real, seems like it has truth, but counter examples are abundant?
It’s an amazing statement and it will be interesting to see how it pans out. https://www.google.co.nz/amp/s/www.cnbc.com/amp/2018/03/02/t...