Source: Reason
by Jacob Sullum
“Tariffs ‘will always be the best way to max out our economic power,’ President Donald Trump declared during his first term, predicting that his trade war would ‘MAKE AMERICA RICH AGAIN.’ Not rich enough, apparently, because Trump is still touting the magic of tariffs, which he says will ‘pay off our debt’ and ‘MAKE AMERICA WEALTHY AGAIN!’ Judging from the dizzying array of tariffs that Trump has imposed this time around, he believes what he says. But his faith is rooted in claims that are logically inconsistent as well as economically implausible.” (04/02/25)
https://reason.com/2025/04/02/the-logical-contradictions-of-trumps-case-for-tariffs/