“Our strategy on tariffs will be to shoot first and ask questions later.” That was what one of Donald Trump’s key economic policymakers told me late last year.
That kind of macho swagger is currently fashionable in Washington. But the US president’s shoot-from-the-hip tactics are profoundly dangerous — for America itself, as well as the countries that he has targeted with tariffs.
The potential economic risks for the US — higher inflation and industrial disruption — are well known.
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