Nobel Laureate economist @pkrugman.bsky.social joined me on Substack Live today to explain the Trump tariffs fiasco & the sycophancy of his underlings.
Watch the full interview: zeteo.com/p/toxic-nost...
Nobel Laureate economist @pkrugman.bsky.social joined me on Substack Live today to explain the Trump tariffs fiasco & the sycophancy of his underlings.
Watch the full interview: zeteo.com/p/toxic-nost...
When Trump first started talking about "Reciprocal Tariffs" he claimed to mean a mirroring.
If Barbados has a 15% tariff on US shoes, the US applies a 15% tariff on Bajan shoes to match, and so on...
You don't have to mindlessly repeat Trump's branding of the tariffs coming today as "Reciprocal" if as leaks suggest he just picks a big round number and applies it widely.
Yes, even if he claims he has 15-20% grievance against every country he targets.
Words mean things.
When Trump first started talking about "Reciprocal Tariffs" he claimed to mean a mirroring.
If Barbados has a 15% tariff on US shoes, the US applies a 15% tariff on Bajan shoes to match, and so on...