Tariffs are simply a bad idea both in theory and practice. They make us poorer, which isn’t the point of this economic game at all.
But then, well, we’re in an election period, aren’t we? So, economic interventions aren’t going to be made on the basis of good economics but mere political calculation.
Which brings us to the most worrying thing of all: of the people running to be president, Trump is the least interventionist. Everyone else insists there should be more politics in economic decisions. Lord, help us all.