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Trump is not the first protectionist president

All US presidents blended trade liberalisation with mercantilism

If Mr Trump has to eat his words, he will just be the latest in a series of Republican and Democratic presidents to have done so.

I JUST coined a new term which would hopefully generate the next meme: "Millennialism". It's not a reference to the political views of members of that generation, which according to studies tend to be liberal on social-cultural issues and left-leaning on economics.

What I have in mind is...