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The consensus among economists is that it's a terrible idea which will hurt everyone. Often this sort of trade war is a precursor to real war.

Trade is not a zero sum game.

https://www.bloomberg.com/news/articles/2018-05-02/economist...

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“Trade wars are good, easy to win”.

It’s an amazing statement and it will be interesting to see how it pans out. https://www.google.co.nz/amp/s/www.cnbc.com/amp/2018/03/02/t...

The people enacting these policies (Trump admin) argue that what we currently have is not trade, given how the Chinese have manipulated the markets, it is a one sided agreement. Free trade requires both sides not place restrictions on the others. Would you say this is true? Sometimes I feel like economic theory is like psychology, it seems real, seems like it has truth, but counter examples are abundant?

It's indeed not free trade, since the playing field is tilted massively in favor of the US, by controlling the global currency.

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