Well put. We’re in agreement on all of this, and understanding why Trump is so obsessed with tariffs helps to explain why he is so thoroughly confused about what exactly his tariffs are supposed to achieve. They are, simultaneously, a means of raising government income, a means of repatriating manufacturing, and a means of forcing other countries into more favourable trade terms (any careful examination shows that each of these objectives instantly nullifies the other two; it literally cannot be the case that more than one of these is true). The reason he’s so confused is because he starts with the use of tariffs as his desired outcome and then post-hoc justifies it with whatever reason he’s been given most recently. He wants to force other people to the table, yes, but he also wants to bring manufacturing back, and he also wants to cut taxes and replace them with tariffs, because really he just wants tariffs to be a thing that he does, that succeeds by some definition. The actual definition of success is irrelevant.
Trump doesn’t believe any of those reasons for having tariffs. He uses them because (a) It gets immediate headlines, and (b) Nobody has stopped him, He doesn’t care about the health of the US economy, he only cares about what he thinks is good for him and his cronies. And of course, doing whatever Putin tells him.
Well put. We’re in agreement on all of this, and understanding why Trump is so obsessed with tariffs helps to explain why he is so thoroughly confused about what exactly his tariffs are supposed to achieve. They are, simultaneously, a means of raising government income, a means of repatriating manufacturing, and a means of forcing other countries into more favourable trade terms (any careful examination shows that each of these objectives instantly nullifies the other two; it literally cannot be the case that more than one of these is true). The reason he’s so confused is because he starts with the use of tariffs as his desired outcome and then post-hoc justifies it with whatever reason he’s been given most recently. He wants to force other people to the table, yes, but he also wants to bring manufacturing back, and he also wants to cut taxes and replace them with tariffs, because really he just wants tariffs to be a thing that he does, that succeeds by some definition. The actual definition of success is irrelevant.
Trump doesn’t believe any of those reasons for having tariffs. He uses them because (a) It gets immediate headlines, and (b) Nobody has stopped him, He doesn’t care about the health of the US economy, he only cares about what he thinks is good for him and his cronies. And of course, doing whatever Putin tells him.