The more I learn about tariffs the less confident I know what will happen. Its both theft and bad as well as not equally bad for everyone involved. My sense is that MOST of the people talking about tariffs don't know what they are talking about. This includes me. Its rather complex. I don't think the tariffs action is as bad as some think it is... but its likely much worse than others think it is.

Trump isn't coming up with all this, I don't believe that at least. I believe he has some sharp econ guys (I probably don't agree with their views) working for him. I'm not saying they are right but I don't think they are dumb.