Analysts: Almost everyone would benefit from Trump’s tariff plan -- except the U.S.

If former President Trump is reelected and presses ahead with proposals for an across-the-board tariff on U.S. imports and duty hikes on Chinese products, he likely will trigger a slew of retaliatory tariffs that will benefit nearly every other country, two analysts write in a new paper. “[T]he United States is the biggest loser in a comprehensive trade war with the rest of the world,” Christine McDaniel, a nonresident fellow at the Clayton Yeutter Institute of International Trade and Finance...