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Trump’s tariffs will be costly, but that’s not the worst part (updated, shared)

By Ilene
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President-elect Donald Trump attends the America First Policy Institute Gala at Mar-a-Lago in Palm Beach, Florida, in November. (Saúl Martinez for The Washington Post)

Trump’s tariffs will be costly, but that’s not the worst part

He has no coherent reason for implementing them, and many Americans will be worse off as a result.

By , WaPo 

Donald Trump is obsessed with raising tariffs. Though it’s tricky to predict how much he will hike them, they will be higher than today’s average rate of 2.4 percent. Hardly a day passes without Trump mentioning how “beautiful” and profitable tariffs are. And this week, he laid bare why he will raise them this year: He needs money to pay for bigger tax cuts.

More here (shared) >

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