5.13.2025

Even the Murdoch newspapers…

From the New York Post:
President Trump’s 145% tariffs on China ran smack into Stein’s law, the late economist Herb Stein’s famous axiom that “if something cannot go on forever, it will stop.
From the Wall Street Journal Journal [via Apple News]:
Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.

…are catching on. 

No comments:

Post a Comment