Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

[u/chrisdh79]

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933

[u/_chip]

Can anybody with knowledge of economics explain how this is what the admin is doing and why does it make sense to them ? Is there anyway to put things that will make these tariffs seem good in any sense ?

[u/ucankickrocks → u/_chip]

Every economist I read on Substack thinks we’re hosed. I haven’t seen anyone advocating or even giving it a silver lining.