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The Trump White House Cited My Research to Justify Tariffs. They Got It All Wrong.
(www.nytimes.com)
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I'm all for tariffs, but... Reduce by a 1/4? That is also idiotic. General tariffs are bullshit. Tariffs can and should be used, but in a surgical way. Full blast globalism allows nations like China to dump with the objective of killing other countries sectors. Also, they should be decided by political consensus, in a long term strategy, and supplemented with incentives, to allow local reindustrialization to happen.