04-04-2025, 04:17 AM
Trump is single handedly redefining the Dunning Kruger curve. I think he really believes that the exporting country pays the tariff. Of course he surrounds himself with sycophants, combined with his own emotional failings, makes reversal of this situation unlikely in the near future. It is also quite likely that one goal of this exercise is to get corporations around the globe to capitulate to his will in order to avoid the tariffs. I bet a nice dip into his crypto would really smooth things over. So much for meritocracy.