Ok time to sound off politically. I am not going to take sides. I remain firmly #NeverTrump but also #NeverHillary. So take that into acct. 1. There is a sound basis for Trump’s position on trade. He is going about it incorrectly and he is unlikely to stick with it but .....
2. I do believe Ricardo on trade (somewhat surprised I recalled the theory and its name correctly lol). But without doing advanced reasearch, I suspect it falls apart in a world with multiple players and massive potential excess supply and one very large buyer.