So much for the trade deal we were promised. President Donald Trump came to Britain , said all the right things, invited the king for a return visit, and then went home, leaving in place the highest tariffs in a century.

His justifications keep changing. Sometimes tariffs are a way to protect jobs, sometimes retaliation for overseas protectionism, sometimes a form of revenue, sometimes punishment for selling Americans things they want (that is, running a trade surplus).

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I can’t be bothered to rehearse the case against tariffs yet again. If the loss of 12,000 manufacturing jobs last month in industries whose c

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