Tariff Turbulence

This chapter explores the implications of the proposed tariffs by the administration, highlighting the economic rationale behind them and the disparities they may exacerbate. It discusses President Trump's longstanding fixation on tariffs, his misunderstandings of trade principles, and the chaotic response from business leaders facing uncertain market conditions. Additionally, the chapter sheds light on the political reactions to these policies and the need for coherent, structured policymaking in the face of economic turmoil.