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4 days agoExplaining his approach to the tariff policy that has triggered weeks of turmoil on global markets, the - president compared the US to the world’s department store.
“I am this giant store. It’s a giant, beautiful store, and everybody wants to go shopping there,” he said.
"And on behalf of the American people, I own the store, and I set prices, and I’ll say, ‘If you want to shop here, this is what you have to pay.’ "
This sounds like the thinking of a dictator, not of a leader. He doesn’t own the “store”, the people do.
That’s actually a way more relevant take than my original comment. He’s still acting like tariffs are fees paid by foreign nations, when in fact, they’re paid by the consumers in the nation imposing the tariffs.
Sadly (for those of us stuck in the US), the only people who will be hurt by these tariffs are the people whose best interests he’s supposed to be responsible for.