The US is about to fire another salvo in the international trade war, and this one may actually make sense.
That’s because the US government will, if President Trump approves, help an industry it almost destroyed a few years ago.
Is it ‘protectionism’ to restore the balance that existed before government intervened?
Maybe not. But stranger yet, this one puts the Trump administration and environmentalist groups on the same side.
They say politics makes strange bedfellows. Trade policy does too… and it points to an investment trend you should follow.
Subsidizing Your Own Competitors
In Connecting the Dots, I try to find stories that fit together in unexpected ways. Sometimes I don’t even have to look.
Two weeks ago, I wrote about free trade and manufacturing jobs. Last week’s topic was renewable energy. Today, we have all three.
This post was published at Mauldin Economics on NOVEMBER 7, 2017.
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