It is a fool’s errand to try to rationalize President Trump’s obsession with tariffs.
This is not to say that people haven’t tried. There are any number of theories that seek to explain Trump’s preoccupation with tariffs and trade wars. Perhaps he wants to revitalize American manufacturing and bring factory jobs back to postindustrial communities wracked by poverty and despair. Perhaps he wants the revenue he generates from large tariffs to reduce deficits and help address the nation’s long-...
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