- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
cross-posted from: https://lemmy.world/post/28194139
Donald Trump and White House officials walked back a Friday announcement that there would be tariff exemptions on imported electronics.
In a Truth Social post on Sunday, Trump directly denied the tariff exemption announcement.
…
“This is really mind-boggling. If this was serious industrial policy, the main thing you want is certainty: ‘Here’s the tariff, it will be in place for the indefinite future, and you should plan accordingly,’” Dean Baker, an economist at the Center for Economic and Policy Research, a left-leaning think tank, said, according to The Washington Post. “Here, it’s basically: ‘Come back next week and see what we’ve got.’ That’s no way to run an economy.”
It could happen, but the country would have to decline so far, that even Republican voters are screaming at their elected officials for action, or else. When they start feeling that their reelections are in danger, they’ll turn on him hard.