President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls,” but he insisted China will suffer more from his trade war.
But everybody suffering isn’t zero-sum. It’s net negative.
No, see, you start with the assumption that everything is zero-sum, then you look at the other guy to see suffering and conclude that you must therefore be winning.