"Trump's biggest recent tariff announcement was yet another reversal. On Monday, under the pretense of a deal that got the U.S. essentially nothing in return, Trump announced that he was reducing his preposterously high 145 percent tariff on China down to a still high 30 percent."
"Since the inauguration on Jan. 20, Trump administration officials have announced new or revised tariff policies more than 50 times, according to a tally by The Washington Post."
Donald Trump's announced love for tariffs appears to be an infatuation marked by frequent reversals rather than consistent policies. His recent reduction of a 145% tariff on China to 30% was largely influenced by advisors warning of harm to American industries. Since his second term began, Trump's administration has made over 50 tariff-related announcements, with many of them being short-lived and quickly altered. This pattern highlights a chaotic trade strategy that may be more politically motivated than economically beneficial.
Read at New York Magazine
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