I freely admit that I am not sure what Trump is aiming for exactly in his tariffs and trade war rhetoric. I certainly dislike tariffs in general as anything but negotiating points, and think actual trade wars are terrible economically and should be reserved for hostile states.
But I have to admit that Trump is definitely getting some actual results with his playing with fire. Since he has been shouting about tariffs $2 trillion of investments have been pledged by major players who want access to our markets without having to run the tariff gauntlet, and Trump has been extracting concessions from Canada and Mexico at a remarkable rate.
POV: Trade war pic.twitter.com/PwvWlI109k
— Autism Capital 🧩 (@AutismCapital) March 6, 2025
You can pull arguments out of as many economic textbooks as you like, but the actual results…so far…have been mostly…