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WTH is Going On With Trump, Tariffs and the Economy? Michael Strain Explains

The fundamentals of the economy are strong. So why is the Dow Jones down and fears of a recession up? Perhaps because President Trump is rocking the economic boat by threatening tariffs on historic trading partners, only to rescind them the same day; taking a chainsaw to government expenditures when he should be using a scalpel; and talking about structurally changing the U.S. economy. Will Trump’s disruptive approach to the international economy enrich Americans in the long run? Or are the tariffs, and the flip-flopping, going to backfire?

Michael Strain is the director of Economic Policy…

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