I think the article misses the point a bit.
I’m all for Trump, and especially for negotiating trade bills, but true free trade has Ricardian benefits, and has disadvantages, that do not stem from “financialization” effects.
The biggest disadvantage is the erasing of borders in the name of free trade. We can’t even trust the Uniparty to do free trade right.
Free Traitors™, like Steve Hayes of Fox news, thinks the USA has been a free trading no tariff nation from the beginning. Well he is either a liar or very ignorant. The very first bill EVER passed was the Tariff Act of 1789. The free trading policy fiasco that we will have to endure a little longer, is relatively new and went on steroids with the Bush I administration and his NWO crapolla. The fact is up until 1913 the USA had no income taxes and the Feds were completely funded with tariffs and other user taxes.