Paul Krugman making the point here that the tariffs Trump says other countries are imposing on the US are entirely fabricated. Does anyone know how he calculated these? Or if anyone checked his math? https://paulkrugman.substack.com/p/trump-goes-crazy-on-trade
My word. They are dumber than I thought. And I thought they were really, really dumb.
The way Trump holds that board up, shows he thinks all this is some huge playground game, where he will do what it takes to win, regardless of the cost to everyone else.
Rather than retaliate with counter tariffs, we should perhaps dump the dollar as the international trading currency, then form deals with rational countries on trade and not send / sell stuff to the US, so we then find new markets for it.
It is time for all these 'experts' on sales, marketing and trade to earn their salaries or be fired.
