I appreciate all of these detailed analysis of what’s wrong with the policy, but the crucial thing to keep in mind here is that Donald Trump sincerely, literally does not understand what a tariff is and when that is your starting point, nothing beyond it really matters.
Reposted from Joseph Gagnon
There is so much wrong with the new tariff policy, it is hard to begin. First of all, it makes no sense to tariff something we will never produce in the US. I don't see bananas and coffee on the exempted list. 1/n

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