And as you'll see as I go through today's speech, the the default position for most of US History has been a pragmatic one involving a mix of tariffs, state involvement and trade agreements that optimize trade for the United States. President Trump has revived [the American pragmatic trade] approach with great effect. I'll also describe in detail how this approach has influenced the rest of the world throughout history. And of course, I'll provide my views on how all of this is relevant for today as we face challenges in the international economic system. (00:38–00:41)
CLAIM
Asserts that President Trump effectively revived a pragmatic trade approach.
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