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Justin Wolfers: Trump's Centrally Planned Economy

Summary by The Bulwark
China sounds downright Reaganesque and is acting like a more stable, attractive trading partner than the country that launched a trade war. And even though Trump loves play-acting businessman, and calling CEOs by their first name, no one on Wall Street and no one who studies economics likes his continuing tariffs—they know they hurt American companies and American consumers. And the uncertainty is paralyzing. Meanwhile, the GOP will use fancy te…

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The Bulwark broke the news in on Tuesday, May 13, 2025.
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