We need to address Trump’s tariff fantasies
Donald Trump thinks the world of tariffs. “Tariffs are the greatest thing ever invented,” Trump said in September at a town hall event in Michigan. On another occasion he said “tariff” is the most beautiful word in the English language. Hmm. And he really has had a love affair with tariffs. After all, they mark his entry into national politics. Back in the mid-1980s, his one big gripe was the trade deficit with Japan. Then China became the target, and while president, Trump kept raising tariffs with China in the belief China would bend a knee and surrender. It didn’t, and Biden has been stuck in a tariff war ever since.