Is american president Donald Trump's economic model an archaic one ?
Hello, Hello, Broadly speaking, heavy tariffs can be counterproductive to competitiveness. While protectionist policies like president Donald Trump's tariffs aim to safeguard domestic industries, they often lead to higher prices for consumers, retaliatory measures from trading partners, and reduced efficiency due to less competition. A more balanced approachsuch as strategic, limited tariffs or incentives to improve domestic industriescould be preferable to outright protectionism. Free market competition generally drives innovation, efficiency, and lower costs, while excessive trade barriers risk stagnation and economic inefficiencies. And here is my question to the AI (Artificial intelligence) from OpenAI called GPT-4o: So i think that president Donald Trump is not right , since he is like using an archaic economic model , since i say that capitalism is not a zero-sum game, so the model has to use specialization in what we do better so that to scale it ...