Trump would rather destroy trade than understand it
Trump just claimed the US loses $200 billion yearly to the EU, so the solution is to stop trading with them entirely. His logic: no trade means no losses.
This is economic illiteracy masquerading as policy. Trade deficits aren't losses. Imports are consumption. The US imports goods because Americans buy them. Stop importing and you don't gain $200 billion, you force inflation, shrink choice, and kill growth.
He's treating commerce like a casino, not understanding that both sides benefit or neither does. A US company selling to Europe, a farmer exporting grain, a manufacturer with supply chains that span continents - they all vanish in his binary "we win/they win" fantasy.
This is what happens when someone has never actually studied economics and treats complexity as a personal insult.
Source
x.com