“The pain will be very visible and the potential gains will be very abstract. The administration hasn’t prepared the U.S. for the downsides of a trade war.”

“The pain will be very visible and the potential gains will be very abstract. The administration hasn’t prepared the U.S. for the downsides of a trade war.”

— Obama W.H. economist Brad Setser on the new Trump admin tariffs on Chinese goods https://t.co/Be15oFKkrJ

— Kyle Griffin (@kylegriffin1) April 3, 2018