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Trump's misguided and deluded tariff crusade

Summary by Asia Times
Donald Trump’s economic advisors are looking to tariffs as a magic bullet for America’s ailments, a simultaneous bid to bring back manufacturing, defend the dollar’s status as the world’s reserve currency and contain runaway public debt. But this strategy is a house of cards, founded on mutually incompatible goals that defy economic logic. Reciprocal tariffs, […] The post Trump’s misguided and deluded tariff crusade appeared first on Asia Times.

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Trump's misguided and deluded tariff crusade

Donald Trump’s economic advisors are looking to tariffs as a magic bullet for America’s ailments, a simultaneous bid to bring back manufacturing, defend the dollar’s status as the world’s reserve currency and contain runaway public debt. But this strategy is a house of cards, founded on mutually incompatible goals that defy economic logic. Reciprocal tariffs, […] The post Trump’s misguided and deluded tariff crusade appeared first on Asia Times.

·Hong Kong
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Asia Times broke the news in Hong Kong on Friday, April 18, 2025.
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