They're not tariffs. They're sanctions. [0] by an angry old man against the whole world. [1]<p>[0] <a href="https://prospect.org/economy/2025-04-03-theyre-not-tariffs-theyre-sanctions/" rel="nofollow">https://prospect.org/economy/2025-04-03-theyre-not-tariffs-t...</a><p>[1] I'm an altruistic old man. No ageism here. Resentment and greed are choices.
It's not an error. His incentives align with being an asset for a foreign adversary, and weakening the USA and perhaps all of its allies plays into their interests.<p>Drive inflation at home and inflation and weaponry abroad, we'll get war sooner rather than later and then adversaries can make their moves.
Rare to see The Economist this judgemental :)<p>>Almost everything Mr Trump said this week—on history, economics and the technicalities of trade—was utterly deluded.
... On economics Mr Trump’s assertions are flat-out nonsense.
... And Mr Trump’s grasp of the technicalities was pathetic.
... This catalogue of foolishness will bring needless harm to America.