Donald Trump and White House officials walked back a Friday announcement that there would be tariff exemptions on imported electronics.
In a Truth Social post on Sunday, Trump directly denied the tariff exemption announcement.
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“This is really mind-boggling. If this was serious industrial policy, the main thing you want is certainty: ‘Here’s the tariff, it will be in place for the indefinite future, and you should plan accordingly,’” Dean Baker, an economist at the Center for Economic and Policy Research, a left-leaning think tank, said, according to The Washington Post. “Here, it’s basically: ‘Come back next week and see what we’ve got.’ That’s no way to run an economy.”
What surprises me is that tens of millions still think he’s doing the right thing even as he makes the country look like fools.