'Zero-sum' approach self-destructive

TEHERAN — Moving manufacturing back to the United States in a "zero-sum" manner is practically impossible for the country and will harm itself in the long term, an Iranian researcher has said.

Protectionist and unilateral approaches and pursuing a "zero-sum economics" policy will work to the detriment of the US in the long run, Rahim Teymoori, a researcher at the Development and Foresight Research Center of the Plan and Budget Organization of Iran, said in a recent interview with Xinhua.

In an article titled "America's Zero-Sum Economics Doesn't Add Up" published recently by the Foreign Policy, Adam Posen, president of the Peterson Institute for International Economics in Washington, said the implementation of this US trade and industrial policy, which began with the administration of former president Donald Trump and is accelerating under his successor Joe Biden, disregards other countries in a "zero-sum way" and "explicitly" targets China.