The logic behind Trump’s tariffs is not coherent
Government
Trump is demanding balanced trade with every single country This week Donald Trump declared “Liberation Day,” unveiling a barrage of tariffs that had been trailed as correcting for unfair trade practices overseas. In a theatrical Rose Garden ceremony, he presented a table, detailing a slew of new “reciprocal” tariffs targeting nations right across the globe. Traditionally, trade reciprocity implies matching another country’s tariffs tit-for-tat. For instance, if the UK imposes a 10 percent tax
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