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The Art Of Foreign Policy: US Tariffs, Brexit, And Japan-South Korea Tensions

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Foreign policy contributor Art Cyr talks about Brexit, strained relations between Japan and Korea, and why tariffs aren’t likely to help us in the long run.";

It's been quite a summer of political unrest around the world. There has been a shuffle of political leaders in the British government amid the ongoing Brexit saga. Tensions between Japan and South Korea have intensified as anti-government protests in Hong Kong rock the region. And the U.S. government has placed tariffs on a myriad of foreign goods, deepening the trade war and impacting economies throughout the globe.

Lake Effect foreign policy contributor, Art Cyr, says these tariffs aren't likely to help us in the long run. 

"The conventional wisdom, and it’s right, is that protectionism is self-defeating. That didn’t used to be the case. Historically, a lot of economists as well as business people were committed to protectionism. But it just doesn’t work and can be quite counterproductive," he explains.

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Bonnie North
Bonnie joined WUWM in March 2006 as the Arts Producer of the locally produced weekday magazine program Lake Effect.
Arthur I. Cyr is Director of the Clausen Center for World Business and Clausen Distinguished Professor at Carthage College in Kenosha. Previously he was President of the Chicago World Trade Center, the Vice President of the Chicago Council on Foreign Relations, a faculty member and executive at UCLA, and an executive at the Ford Foundation. His publications include the book After the Cold War - American Foreign Policy, Europe and Asia (Macmillan and NYU Press).