All the arguments for Trump's tariffs are wrong and bad
Well, after a stock market crash, a bond market crash, and a blizzard of recession predictions, Donald Trump has paused some of his massive “Liberation Day” tariffs. But the reprieve is only partial and temporary. The very high tariff on China is still in place (and in fact has been increased). The 10% tariffs on all imports are still in effect. “Sectoral” tariffs on autos and other specific products are still there, and the tariffs that Trump had previously placed on Canada and Mexico are still there (though whether they’re cumulative with the new tariffs is still in question…
Read more
19 days ago · 358 likes · 143 comments · Noah Smith
