News Snapshot:
To tariff or not to tariff? Today’s tweet-length political discourse pretends this is a binary choice. Donald Trump has pitched across-the-board import levies as a panacea to rebuild American manufacturing, while Democrats insist the president’s proposals are an attempt to crash the economy, and that their party should tout its opposition to all tariffs. But neither the policy nor politics of this moment are that neat and simple. While too few or too many tariffs can destroy economies, there is a Goldilocks zone that’s just right. It’s just being omitted from the conversation. Policy-wise, Trump’s tariff-all-imports initiative lands on the...
