The third and final installment of my April trilogy on Trump and tariffs. This one summarizes my discussions over the past week. (If you're short on time, scroll down for the headers and graphics.)| Bastiat's Window
Long ago, I helped bankers lending billions of dollars in Africa by teaching them a few equations related to trade deficits. Those equations are critical to understanding today's tariff controversies.| Bastiat's Window
Dear Republicans: Donald Trump's economically incoherent tariff policy has the potential to tank the economy and derail the rest of his agenda. Dear Democrats: Hold off on the self-congratulations.| Bastiat's Window