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.

“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.”

  • ArbitraryValue@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    10
    ·
    edit-2
    2 days ago

    Before the election, I saw a house flying a big flag with the words “Elect Trump King of the United States”. So, uh, maybe monarchy would turn out to be even worse…

    With that said, I understand how you feel. I don’t know how democracy can work in a post-truth era.

    • Photuris@lemmy.ml
      link
      fedilink
      arrow-up
      5
      ·
      2 days ago

      Y’know, if America had a constitutional monarchy, it might actually work out just fine. Let Trump be the king, so he can rant, do ceremonial stuff, be in the news all the time, have his fans, cause controversies, &c.… meanwhile the real elected government would be quietly busy attending to the people’s business.