Cutting through the fog of Donald Trump's trade war with China, American Enterprise Institute economist Michael Strain told Washington Post reporters: “When I step back from the euphoria over easing tariffs with China, what I see is the tariff rate is five times as high as when Trump took office. And we seem to have gotten nothing out of it at all.”
The American Enterprise Institute is by no means a liberal think thank.
And the president's actions on the global economy are by no means a conservative economic strategy.
Is this what you voted for?
If not, tell your representative in Congress to stop the madness of unregulated executive branch tariffs and replace the big beautiful budget bill, that is by no means beautiful, with something that does not punch a $5 trillion hole in the US economy with giveaways to the wealthiest Americans — and crushing clawbacks from US states and the poorest Americans.
Sources
https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/
https://budgetmodel.wharton.upenn.edu/issues/2025/4/10/economic-effects-of-president-trumps-tariff s
https://www.washingtonpost.com/business/2025/04/25/trump-tariffs-poll-approval/
https://www.gmfus.org/news/trump-tariffs-their-impact-and-us-public-opinion
https://poll.qu.edu/poll-release?releaseid=3922
https://www.aei.org/policy-areas/economics/
https://www.monitoringinfluence.org/org/american-enterprise-institute-2/
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