There is nothing that another nation can do to harm another through trade. If a nation foolishly chooses to manipulate its currency to spur exports, it gifts goods to its trading partners. If it restricts imports to spur domestic industries, it harms its own citizens while leaving potential trading partners in the same position as before, which is NOT a definition of harm. The only policies that our government need adopt are unilateral free trade externally and laissez faire economics internally. Our motto should be “We will mind our own business and set a good example to others.”
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