Former Senator Phil Gramm’s recent WSJ opinion article “Trump’s Trade Was Was a Loser” gets many things wrong about U.S. trade policy. Concerningly, Mr. Gramm makes numerous statements, representations, and conclusions without supporting facts and documentation. His views are nevertheless flawed and dangerously misleading. As such, it is necessary to examine the facts and historical data that Mr. Gramm failed to include in his criticism of President Trump.

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