Trump’s tariff pain: the growing evidence | As “liberation day” nears, American businesses suffer

Posted by Sine_Fine_Belli

1 Comment

  1. boardatwork1111 on

    I will never understand how Trump has this uncanny ability to make people forget what he’s actually like. He has *always* been consistent about tariffs, the trade wars in his first term were direct [factor](https://www.sciencedirect.com/science/article/abs/pii/S0022199624000151) in the GOP getting smashed in 2018.

    I genuinely don’t get how business leaders and people across the political spectrum convinced themselves he wasn’t going to follow through on this insane plan. He was always serious about this, he kept cranks like Peter Navarro around for a reason. He didn’t give a shit if it cost him seats or that the [market](https://www.cnbc.com/2019/05/31/trumps-trade-wars-have-cost-the-stock-market-5-trillion-and-counting-deutsche-bank.html) took a beating in Trump I, the only take away from that first trade wars was he didn’t tariff *enough*.

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