THIS.

The market is still down big. We are still implementing large tariffs based on a flawed understanding of world trade. We’ve still done long term damage to our economic stature in the world.

This is still one of the biggest self owns in history, and we aren’t even close to being through it.
Reposted from Catherine Rampell
This is driving me crazy too. Not long ago 10% universal tariffs were considered the worst-case scenario, something even Trump wasn’t crazy enough to impose. Now have those PLUS 125% tariffs on China. Together, these raise raise inflation by about as much as original “Liberation Day” tariffs did!

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