President Trump’s recent announcement of a new round of tariffs and subsequent pausing of a portion of them do not appear to be well thought out. Like many Americans—especially retirees, business owners, and families living paycheck to paycheck—I’m left asking one basic question: What is the plan?
While not all tariffs are bad, the best are narrow and have a plan to accomplish a clear set of goals, for example, retaliating against strategic adversaries, protecting an industry we are trying to build or rebuild in America, or raising revenues. With these, the most
significant tariffs ever announced, there was no clear explanation from the president or his team.
