Trump is knowingly steering the economy off the cliff with tariffs

Tariffs Can Be Useful — But Not How Trump Is Using Them - Bucks County Beacon

President Donald Trump has said “tariff” is “the most beautiful word in the dictionary.” He claims tariffs will restore American trade supremacy, bring lost jobs back to the United States, and most bizarrely, replace income taxes. Tariffs can be a useful tool to regulate global trade in the interest of jobs, wages, labor rights, the environment, and consumers — if applied correctly. But Trump’s chaotic, overly broad tariffs are only likely to hu…

Trump is betting the economy on his tariff theory

In President Donald Trump’s telling, tariffs are the political equivalent of duct tape: you can use them to fix anything. For example, they’re a negotiating tool — he used the threat of tariffs to pressure Canada and Mexico to implement border policies he liked. He also sees tariffs as a revenue source that might help offset his proposed $4.5 trillion in tax cuts and as a shield to protect American manufacturing jobs from overseas competition.Wi…

Trump is about to bet the economy on a theory that makes no sense

My local bookstore has been taking advantage of me for years. I have run a trade deficit, giving it money with nothing but books in return. At the same time I have been taking advantage of my employer, running a trade surplus with it as it gives me a salary with nothing but educational services in exchange.

The day of the liberation (thanks to the tariffs) promised by Donald Trump is as much from the economic policy as from the long-term electoral strategy for the President.

Trump Bets the Economy On a Senseless Theory

Jason Furman, The New York Times The president has many arguments for tariffs. They're all wrong.

Trump is knowingly steering the economy off the cliff with tariffs

The problem is not tariffs—the problem is Donald Trump.