Markets cheered the prospects of a zero-zero deal with Israel yesterday. Why not take it global? Trump has proposed it himself in the past. UP co-founders Stephen Moore and Dr. Arthur Laffer lay it out in today’s WSJ:

In 2018 at the Group of Seven meeting in Charlevoix, Quebec, Mr. Trump made a remarkable free trade proposition to the world’s leaders: The U.S. would lower its tariffs to zero if their nations would do the same.

His exact words were: “No tariffs, no barriers. That’s the way it should be. And no subsidies. I even said, ‘no tariffs.’ . . . Ultimately, that’s what you want. You want tariff-free, no barriers and you want no subsidies.” …

Mr. Trump should give a globally televised address announcing to the world that the U.S. is ready to drop its tariffs and industry subsidies to zero tomorrow on any nation that does the same. This would be the ultimate reciprocal tariff policy. President Trump and the U.S. would regain the moral high ground in trade disputes. It would be enlightening to see which supposedly “free trade” nations accept Mr. Trump’s challenge.