Quotation of the Day…

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… is from page 2 of the manuscript of Edward Tower’s, Thomas Willett’s, and John Gilbert’s paper “Mr. Trump’s Tariff War on the World” – a paper forthcoming in the Journal of International Commerce, Economics and Policy:

Apart from the economic damage that Mr. Trump’s unilateral actions are generating, they have already dealt a major blow to the fabric of international cooperation and the rule of law that had been painstakingly developed over the postwar period. His actions have violated the provisions of international institutions and agreements, and bilateral treaties, as well as U.S. domestic law. They have caused financial turmoil, strained relations with U.S. allies, and have seriously damaged the international reputation of the United States.