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With his wall of tariffs, Donald Trump hopes to
revitalise American manufacturing.
But deindustrialisation is not a symptom of America’s economic decline, as the president seems to think. It is what happens when a country gets richer. Mr Trump risks making America less productive and less prosperous.
Elsewhere, the
architect of Project 2025
tells us how to understand what Trump 2.0 portends. “Remain calm,” writes Paul Dans, “there is a method here.” We’re in the demolition phase of a national renovation, he contends. |