Yglesias is amazed, and not in a good way.
Personally I just set my compass by Megan McArdle, whose writing seems very well informed and has a good level of skepticism. I always feel smarter after reading there, even though I know I'm not.
Trump’s Tariffs Aren’t Reciprocal and Are a Massive Tax Increase on
Americans
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There isn’t any good economic theory to support Trump’s reciprocal tariff
plan. The formula appears to be merely a justification to put tariffs on
all coun...
40 minutes ago
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