Never has there been a better example of a politician shooting himself in the foot, or self-destructing, than Mr Trump‘s tariffs proposal. Even with his pause, he has caused a reduction in economic welfare. A remarkable demonstration of the power of ignorance to reduce economic betterment.
DBx: Trump and Commerce secretary Howard Lutnick, in announcing “Liberation Day” tariffs punitive taxes on Americans who buy imports and import-competing products, would not have been any more ridiculous had they instead proudly displayed a poster depicting a flat earth balanced atop a tower of turtles with the sun and planets all revolving around it, and announced to the American people that this is what the universe looks like, and that from here on in all policy will be made in consultation with their poster.
