Comment
Comment by id34
The use of tariffs as a mid-long strategy, in my view, would require a stable, long-term communication that the US government will implement careful, strategic tariffs alongside incentives to strengthen chosen domestic industries where they believe a domestic alternative is feasible. We haven't seen anything even close to that at any point in this tariff rollercoaster - tariffs for products that cannot be produced at scale domestically (coffee, bananas), tariffs for grudges, tariffs that only exist for a week, tariffs that are written post-hoc after a Truth post to fit what the president said. There's an argument to be made for domestic protectionism, but the people currently at the levers are not serious policy-minded folks.