A Philosophy Without a Foundation There is no elegant way to say this: Donald Trump’s tariff policies are a grotesque parade of contradictions, masquerading as strategy. These aren’t policies crafted by statesmen; they’re tantrums dressed in populist jargon, touted by those who neither read Bastiat nor comprehend basic market principles. To begin with, Trump and his acolytes cannot articulate a consistent rationale for tariffs. Are they bargaining tools? Industrial policy? Retaliation? Revenue generators? The answer seems to depend on which Fox News segment Trump last watched. It's an intellectually bankrupt mess, and for those of us who still believe public policy should be rooted in logic, it is both maddening and dangerous. The Bargaining Chip Charade Take the "bargaining chip"…
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