Even the Respectable Argument for Trump’s Tariffs Is Dead Wrong
Tiberiu Sabo
Like Generalissimo Francisco Franco, the tariffs of 10–20 percent on all foreign imports that Donald Trump promised on the campaign trail are still dead . I pronounced them dead earlier this month (“ Trump Is Already Caving on Tariffs ”), and Trump’s Inauguration Day memo outlining his “ America First Trade Policy ” makes no mention of them. But that doesn’t mean the economy is out of danger. Trump’s trade memo is a directive to five Cabinet agencies to gin up whatever excuses they can find to
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