from Twitter Notorious Augusto P (@GenAugustoP) Mar 30 2018 Protectionism isn't "crass." It's the American school economic principle that goverened the U.S. and was a staple of Republican party from Hamilton, Clay and Lincoln through McKinley, Coolidge and Reagan. My reply... More to the point, the term “protectionism,” like so many others, is being abused. In the broadest sense, protectionism is any trade policy designed to protect domestic industry. However, this definition is so akin to common sense, it’s rarely used that way. ₪₪₪₪₪₪₪ More often, “protectionism” refers to policies that tend to isolate the domestic market from the rest of the world. A basic tariff falls under this definition, as does cancelling a trade agreement. However, even this usage can’t parse whether such moves are justifiable. ₪₪₪₪₪₪₪ Trump’s foreign trade policy, like that of virtually every other country and past president, is mixed. It may be more aggressive than usual for the US, but it ...