Anders Åslund
@andersaslund.bsky.social
If it were not so tragic, the Trump destruction of the US economy would be comical.
Trump wants to go back to William McKinley's harmful tariff of 1890. He wanted to raise US tariffs from 2.5% to 28%.
Trump wants to tariffs to be the main tax, but just 1% of GDP. /1
If it were not so tragic, the Trump destruction of the US economy would be comical.
Trump wants to go back to William McKinley's harmful tariff of 1890. He wanted to raise US tariffs from 2.5% to 28%.
Trump wants to tariffs to be the main tax, but just 1% of GDP. /1