As the year ends, a partial and brief ceasefire seems imminent in Donald Trump’s trade war on the world. The United States and China may sign a deal as early as next month. But make no mistake: The protectionist impulse behind the trade war remains as ineradicable as ever.
Nor should it be forgotten that economic nationalism has guided the destiny of all major nations since the 19th century.
According to the ideological prejudices of the present, built up over nearly four decades of globalization, free trade and deregulation represent the natural order of things. History, however, tells us that the United