CALL US TODAY
202.772.2039

Trump’s tariffs are about North Korea, not trade

Tariffs are always bad economics. But regardless of how dumb you may think President Trump is, he can’t believe this is about economics. This is a different motivation.

First, these tariffs are too tiny and too unenforceable. We’ve basically announced 10% to 25% tariffs on $150 billion of goods — totaling less than $40 billion. China reciprocates. Maximum $40 billion more. Pundits panic. Markets wiggle wildly.

But you should look past this smoke.

Read more at USA Today

SHARE THIS ARTICLE
Facebook
Twitter
LinkedIn
WhatsApp
Email
SUBSCRIBE TO OUR EMAIL NEWSLETTER

Get delivered once a week to your inbox, a hand-picked list of the latest news on international trade compliance issues as well as the latest articles from George W. Thompson.

MORE ARTICLES