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Trump’s Tariff Idiocy Is Costing the U.S. and World Bigly

cepr.net Trump’s Tariff Idiocy Is Costing the U.S. and World Bigly

Find out why Trump’s tariff idiocy is detrimental to the U.S. and global trade dynamics. Get a reality check on his policies.

Trump’s Tariff Idiocy Is Costing the U.S. and World Bigly

Donald Trump lives in a world of make believe. In Donald Trump land global warming isn’t happening, tens of millions of dead people get Social Security checks, and he won the 2020 election. Believing, or at least saying, this nonsense might make Trump happy, but the rest of us have to live in the real world, where global warming is very real, Social Security is incredible efficient and largely fraud free, and Trump lost the 2020 election by a wide margin.

In Trump’s make-believe world countries are ripping us off by selling more to us than they are buying from us. As has been endlessly pointed out, this is like saying a store rips us off because they sell us things without buying anything from us. Trump’s complaint literally makes no sense.

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