Scott Lincicome on the Trump Trade War

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  Welcome to Macro Musings,

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  where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past,

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  present and future.

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  I am your host, David Beckwourth,

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  a senior research fellow at the Merketta center at George Mason University.

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  And I'm glad you decided to join us.

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  Our guest today is Scott Lincencome.

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  Scott Scott is the vice president of General Economics and Trade at Cato.

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  Scott joins us today to talk about President Trump's trade war, where it currently stands,

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  what it is aiming to accomplish, and whether it is actually working.

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  Scott, welcome back to the show.

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  Thanks for having me back.

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  It's great to have you on.

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  Now, last time you were on the program, it was in August 2020,

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  and we discussed your amazing work that you've done on the China shock.

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  There was a China shock, but how we interpret it, I think is where the real debate is.

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  And you probably know that literature as well.

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  So I will encourage listeners to go back and check out that episode.

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  Now, today we want to talk about what's happened more recently.

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  President Trump got reelected, as everyone knows,

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