Trade Restrictions Caused WW2, What’s Happening Now?

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Trade Restrictions Caused WW2, What’s Happening Now? Economic Prosperity Is in Dramatic Decline

Trade is an economic policy, and restrictions on trade should not be used as a political weapon, says Dr. Arthur Laffer, Founder & Chairman of Laffer Associates and Former Economic Advisor to President Reagan and President Trump. “If you want to get angry at a country, use your military. If you want to get angry at them verbally, use your State Department. But leave trade out of the mix,” Laffer tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. Laffer examines how current trade sanctions, tariffs, and other restrictions impact geopolitics and international trade. He also analyzes the long-term consequences for the U.S. dollar as the world’s reserve currency.