Post #42245 by commonone on the US Policy board

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Leadership by whim is a strange way to conduct the presidency but he's a very stable genius, dontchaknow.

The White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs while applying reciprocal levies on a targeted set of nations that account for the bulk of foreign trade with the U.S.

President Trump has declared his April 2 deadline to be “Liberation Day” for the U.S., when he will put in place what is called reciprocal tariffs that seek to equalize U.S. tariffs with the duties charged by trading partners, as well as tariffs on sectors like automobiles, pharmaceuticals and semiconductors he repeatedly said would be enacted on that day.

Guess the collapse in GDP growth forecasts caught someone's attention.

There was a time when republicans believed that businesses -- and markets -- hated uncertainty but a cult's gotta' cult.

https://www.wsj.com/politics/policy/trump-tariff-r...

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