US EditionWhy Trump’s supporters trust him on tariffs
- American manufacturing jobs have declined from 17 million in 1993 to 12.7 million today, affecting wages and the middle class.
- The Trump Administration claims that globalist elites have harmed working Americans by off-shoring jobs and enriching themselves.
- Commerce Secretary Howard Lutnick detailed a tariff plan on electronics, while Trump later stated there are no exceptions to tariffs.
- Small business owner Chelsey Brown expressed determination to cope with high tariffs despite economic challenges.
17 Articles
17 Articles
The temporary closure followed the imposition of 25 percent tariffs on imported vehicles by Donald Trump.
The False Promise of Tariffs | by Dambisa Moyo - Project Syndicate
Supporters of US President Donald Trump’s protectionist policies claim that tariffs will boost government revenue, fuel job creation, and revive American manufacturing after decades of globalization. In fact, Trump’s tariffs are more likely to raise consumer prices, weaken innovation, and undermine US competitiveness.
Could John Maynard Keynes fix Trump’s tariff crisis?
Trump’s tariff bombardment has torn up the rules by which Western elites have lived for the last 35 years: the rules of a globalising economy under the benign guardianship of a Pax Americana. He is openly challenging opinion makers to change their habits of thought or be swept away by the angry crowd. The opinion makers reacted predictably; the markets crashed. Rather than condemn Trump’s approach out of hand, let us pause and ask: What is the p…
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