It’s now clear that the @realDonaldTrump Administration computed reciprocal tariffs without using tariff data. This is to economics what creationism is to biology, astrology is to astronomy, or RFK thought is to vaccine science. The Trump tariff policy makes little sense EVEN if you believe in protectionist mercantilist economics.
First declare a fake “emergency.”
Then announce “reciprocal tariffs,” using a nonsensical metric.
Then hand out subsidies to benefactors harmed by the tariffs.
Then blame companies for the economic malaise the government caused and impose price controls.
This is the playbook.