DC Follies? Reciprocal Tariffs, The Mag 7, Corporate Yields And Market Corrections (-17.5% Vs -35.4% In 2020)
by confoundedinterest17 US tariff policies for the last 50 years represent a folly. Particularly since Presidents Obama and Biden (along with Chuck Schumer and Nancy Pelosi) did nothing to correct the enormous disparity in tariffs. Trump is trying to do something to right the ship before it sinks like The Titanic. Victor Davis Hanson wrote in …