Very thoughtful writeup by of my recent appearance on Jon Stewart's Weekly Show podcast. Check it out.
The one thing Donald Trump can’t stand is a down market. That’s why he keeps announcing tariffs—which are much more onerous than the ones he muscled through in his first term—and then pulling back. As the Tax Foundation’s Erica York notes, ‘His first term tariffs affected $380 billion of imports, mainly from China, over the course of 201…