Subject: All arguments for Tariffs are wrong
Blog post by Noah Smith explains why all arguments for Trump’s tariffs are wrong and bad.

“Tariffs will get rid of trade deficits, which are bad for America”
“Tariffs are a negotiating tactic”
“Tariffs will reduce inflation”
“Tariffs will reduce interest rates, making it easier to finance the national debt”
“Tariffs are actually tax cuts”
“Tariffs will bring back American manufacturing”
“Tariffs will put the U.S. economy on a more sustainable footing”
“Tariffs will weaken China relative to the United States”
“Tariffs will make America more manly”
“Tariffs will force Americans to live more modest, austere lives”

https://open.substack.com/pub/...