Trump’s protectionist charade

Print edition : February 03, 2017

At the Ford Motor Company's assembly plant in Cuautitlan Izcalli, Mexico, in October 2009. A third of all exports from Mexico to the U.S. are cars or automobile components. Photo: Susana Gonzalez/Bloomberg

Peter Navarro, Trump's nominee for a new National Trade Council in the White House. Trump's choice of Robert Lighthizer as his Trade Representative, Wilber Ross as head of the Commerce Department and Navarro would place a group of purported protectionst hawks in charge of trade policy in his adminstration. Photo: Albin Lohr-Jones/Bloomberg

Wilber Ross, Trump's nominee to head the Commerce Department. Photo: Spencer Platt/Getty Images/AFP

Federal Reserve Chair Janet Yellen. The Federal Reserve believes that it can now exit what is for it a regime of embarrassingly low interest rates and easy money and leave the task of stimulating growth to the President and his team. Photo: SAUL LOEB/AFP

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