Trumps tariffs deliver a 20-40% wall of inflation that will hit poorest US consumers hardest. They deliver massive distortion to markets and capital allocation. They incentivize non competitive US capital allocation and production of goods the US is simply not suited to produce. They punish countries who produce goods the US wants at a lower cost than the US can produce. They alienate traditional allies and make USA look like a failed state ruled by a sociopath gangster and despot who openly talks about engineering a third term as POTUS. Trumps tariffs acknowledge that USA has lost the trade war and demonstrate once again that Trump is a poor loser. They will deliver some short term relief to the chronic trade and fiscal deficits, buying time before the collapse of USD reserve currency status- although they could actually accelerate the rise of China by forcing all other countries into even deeper trade reliance upon China. Trumps tariffs are Voodoo economics from a convicted felon who is serving his own interests and those of his uber rich cronies. Trumps tariffs are Idiocracy 101 from a criminal and sociopath POTUS Trump.