I just don't understand why the most developed and advanced economy in the world is trying to do import substitution industrialization like it's a South American country in the 1950s
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It’s because Trumps brain is bad and nobody internally will stand up to him, and everyone inside the White House will buy the dip. Plus the unemployment and labor market thing. Plus the grievance thing, and if his own supporters are hurt along the way we know he doesn’t care about them
Think this answers the question nicely! A cool 5 mil from any sweaty business owner about to be wiped clean from a tarriff to beg for mercy/additional shakedowns
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https://www.alternet.org/lack-of-ethical-guardrails-people-are-paying-millions-to-meet-with-trump-at-mar-a-lago/.