Trump’s economic policies have no direction
- President Trump imposed wide-ranging tariffs including 10% on most imports and 145% on many Chinese goods early in his second term in 2025.
- These tariffs followed Trump's campaign promises and have created uncertainty among businesses and consumers about future import taxes and prices.
- While some businesses support the tariffs for encouraging domestic production, many consumers worry about price increases and the economy shows mixed signals.
- Economic indicators show slowing growth, a falling stock market with the worst start to a presidency since the 1970s, and consumer confidence hitting pandemic lows.
- The tariffs have so far caused economic turbulence and uncertainty, raising recession risks as high as 60%, while policy direction remains unclear to many observers.
12 Articles
12 Articles
Trump’s economic policies have no direction
President Donald Trump has introduced his beautiful tariffs to destroy the economy to save it. This is a fever dream of a fabulist. There is no plan for his marvelous revolution. Every revelation is a big surprise, like a game show. Corporations and businesses were given no heads up as to what was going to […]

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Trump: you will get nothing and like it - Lawyers, Guns & Money
One strategy that Trump has sometimes used to defend the tariffs is that the costs will be borne by other people and there will be no cost to American consumers, which is a ridiculous lie but at least consistent with his campaign messaging. Now, he’s telling the truth. That is, he is bringing back not the economy of 2018 but the economy of June 2020, with no exogenous shocks: A billlionaire telling working class voters their kids should cut back…
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