Trump’s Tariffs Appear to Have Reached Their Economic and Political Peak
Trump’s tariff case before the Supreme Court looks wobbly, and Democrats are playing the ‘affordability’ card against him
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Calling the peak for anything is dangerous. So here goes: We’ve reached peak tariffs, as both an economic weapon and almost certainly as a political one.
President Donald Trump signaled as much on Sunday when he turned to social media and declared people who oppose tariffs “are FOOLS!” He then offered everyone a tariff “dividend” of “at least $2,000 a person (not including high income people!).”