I don't doubt that Trump is sincerely ignorant of economics and lacks an understanding of tariffs and really believes high tariffs are a good thing, and he may be so ignorant that he really believes that when he imposes tariffs on the EU it is EU countries or exporters that pay the tariffs, but I also have a suspicion that there may be a little market manipulation going on. He is by far the most corrupt person to ever serve as president, so I am not going to be surprised if there is not a little insider trading to time the on and off to benefit his friends and family and his blind trust.
Trump supporters do not get whiplash trying to follow Trumps tariffs and tariffs threats. They do not see a changing of his mind about a tariff as a backing down. They do not say Trump blinked. They say he is right when he is announcing a tariff and say how brilliant he is when he takes off a tariff. To his supporters he is exercising the art of the deal and playing three-dimensional chess and the rest of us are just too dumb to recognize his brilliance.
When I look at Trump's tariff policy, I do not see a brilliant strategist playing three-dimensional chess; I see a three-year-old throwing a temper tantrum.
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