There is no cunning theory behind Trump’s tariff plan – Financial Review
“The White House cited my classmate’s economic research to justify its reciprocal tariffs – it got the maths wrong. But it gets worse.“
“After the latest announcement of a 90-day pause, which basically leaves all countries other than China with a 10 per cent tariff, we’re left with this. A clunky 10 per cent national sales tax for the US to fund US$6 trillion of personal income tax cuts. It’s exactly the regressive idea that Trump spoke of in his Rose Garden remarks on April 2. Perhaps this was the intention all along.”
Why Tariffs Won’t Bring Back Blue-Collar Jobs – msn