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Trump might claim China tariff victory – but this is Capitulation Day (www.theguardian.com)

submitted 2 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[–] Roof_Roach@lemmygrad.ml 18 points 2 months ago* (last edited 2 months ago) (4 children)

So what’s the current understanding of Trump’s tariffs? Was it simple market manipulation and they never intended to keep tariffs on long term? Or did the Trump govt really think this was a good idea to bring back manufacturing without understanding how this would impact the US economy and are now running from the consequences?

[–] cucumovirus@lemmygrad.ml 2 points 2 months ago

This blog has some very good analysis of the tariffs: article 1, article 2, and article 3.

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