Trump’s Obsession with Tariffs

Much as Donald Trump seems to think that economic policy focuses on how much money he can bring in in campaign funds from selling his criminal mugshot, it does seem necessary to consider what he would do about economics should his presidential hopes keep sustaining themselves. Every poll, every political interview, every candidate knocks the state of the economy, and Trump’s voice is among the loudest to suggest that the “great” economy he thinks he led during his four years in the White House will magically return without hint of changes resulting from pandemics, international competition, and climate issues beyond his personal control. But strip away the boasts, and Trump’s economic plan comes down to a very small number of priorities — cutting spending along the lines of House Freedom Caucus demands, cutting taxes to starve a federal government, and help wealthier businesspeople like himself, and imposing massive new tariffs on other countries trading with the United States. He wants more drilling right now for oil and gas later and more deregulation of business regulations and environmental rules. Moreover, there are few other ideas coming from the Republican rivals’ bench, though Florida Gov. Ron DeSantis has promised to “starting slitting throats” of federal employees on Day One. Sen. Tim Scott talks about encouraging local enterprise zones, an idea that has shown mixed results, and business leaders really don’t like being pushed around politically by DeSantis. The others echo talk about reduced spending and lower taxes without a lot of specifics. <a href="https://terryschwadron.medium.com/trumps-obsession-with-tariffs-c58a9d55951d">Visit Now</a>