Not all of them, but a bunch of Republicans have done an about-face on tariffs and will likely do another one if and likely when Trump renegotiates trade relations and lowers or drops the tariff increases he is celebrating right now.
Trump certainly isn’t being hypocritical. Rightly or wrongly, he believes with all his heart he is doing the right thing and clearly has some theory of the case for why his move on tariffs is the right one. He has been talking about the hollowing out of America due to bad trade deals for decades. He ran on this platform, and come hell or high water he is going to go through with his plan.
As I wrote earlier, I am agnostic about what Trump is doing, not because I don’t have an opinion on tariffs in the abstract- tariffs are bad economic policy, and the optimal tariff rate is zero in all countries. If Trump is imposing…
