Trump’s tariffs are punitive and restrictive, and high enough to cut off trade and run the U.S. into a recession. Give it six months
The article criticizes Trump's tariffs as "woke economics," arguing they are punitive, restrictive, and confusing for Americans. Tariffs increase costs for consumers, acting as a consumption tax for lower-income brackets. They benefit concentrated interests, such as the big three steel companies, while disadvantaging widespread groups. The term "woke economics" highlights how tariffs reverse common sense, misleading the public. The Peterson Institute estimates a $1,200 cost per household. Trump is accused of changing public perception to believe tariffs are beneficial, despite evidence suggesting otherwise, even convincing former opponents without critical thought.
