Feel sort of torn on the Trump tariffs. On the one hand, I think...
Keith Woods@KeithWoodsYT
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Apr 07, 2025
~1 min read
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Feel sort of torn on the Trump tariffs. On the one hand, I think they make no sense as economic policy and will leave everyone poorer.
I don't buy the libertarian free trade arguments, but the US industrial base has been gutted for decades now, and only years of industrial planning and capital investment in tandem with tariffs would actually achieve what Trump wants. People pointing to other golden ages of American nationalist economic prosperity seem to be missing this. And that's just putting aside the utterly incoherent way the tariff rates have been decided.
On the other hand, Trump is probably single-handedly destroying the global free trade order America itself spearheaded since WW2, which is going to seriously throw a wrench in the establishment political order across the West. This is Trump's Bane moment.
I don't buy the libertarian free trade arguments, but the US industrial base has been gutted for decades now, and only years of industrial planning and capital investment in tandem with tariffs would actually achieve what Trump wants. People pointing to other golden ages of American nationalist economic prosperity seem to be missing this. And that's just putting aside the utterly incoherent way the tariff rates have been decided.
On the other hand, Trump is probably single-handedly destroying the global free trade order America itself spearheaded since WW2, which is going to seriously throw a wrench in the establishment political order across the West. This is Trump's Bane moment.
