This Is Why Dictatorships Fail
The authors of the Constitution separated powers for a reason.
By Anne Applebaum, The Atlantic
He blinked. But we don’t really know why.
Whether it was the stock market cascading downward, investors fleeing from U.S. Treasury bonds, Republican donors jamming the White House phones, or even fears for his own portfolio, President Donald Trump decided yesterday afternoon to lift, temporarily, most of his arbitrary tariffs. This was his personal decision. His “instinct,” as he put it. His whim. And his decision, instinct, or whim could bring the tariffs back again.