Hear’s a good idea: on top of raising tariffs lets add some price controls to offset the damage caused by the tariffs! Nothing beats doubling down on socialist authoritarian policies! They worked so wonderfully for Richard Nixon. Those blocks-long lines outside gas stations were a mirage, didn’t really happen. Trump’s economic authoritarianism reminds me of a lot of prescription medication. Take this drug to overcome your malady, and take this drug to overcome the side effects of the first drug, and take this drug to overcome it’s side effects, and on and on and on. But don’t worry, DJT has never been wrong about anything, so I’m sure he’s right about destroying free trade.
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Trump Is Poisoning the Very Heart of the Market Order - Cafe Hayek
TweetHere’s a letter to Business Standard. Editor: You report that “in a high-stakes call with top US automakers earlier this month, US President Donald Trump issued a warning: Do not raise car prices in response to his new tariffs” (“Trump warns auto industry: No car price hikes after tariff...