
In making trade policy, process is as important as substance. If the process is perceived as fair, the participants, both citizens and policymakers, will likely view the outcomes as fair. The Trump administration has never understood that. It demands “fairness” from its trade partners but doesn’t always treat them fairly. After immediately withdrawing from the 12-nation Trans-Pacific Partnership and threatening to withdraw from longstanding trade agreements, such as NAFTA and even the World Trade Organization, President Donald Trump has made it clear he views trade as a zero-sum game where only one side can “win.” But trade is about mutual […]