“In most cases,” he argued, “the end result of tariffs is that it doesn’t solve a trade deficit, it just means you trade less, you import less, you export less, the overall deficit doesn’t typically change.” www.nytimes.com/2025/04/03/b... - ThreadSky | a Reddit-style client for Bluesky

dsmilde.bsky.social • 33 days ago

“In most cases,” he argued, “the end result of tariffs is that it doesn’t solve a trade deficit, it just means you trade less, you import less, you export less, the overall deficit doesn’t typically change.” https://www.nytimes.com/2025/04/03/business/economy/trump-tariffs-us-manufacturing-economy.html?smid=nytcore-ios-share

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