The tariff policy announced by President Trump could be the most consequential action of his presidency. The new tariffs will have disastrous economic and political consequences and undo the many good policy ideas that the Administration has enacted or advocated. They are a political dream come true for Bernie Sanders and the Chinese Communist Party. At a moment when the feckless Democrats are unable to find a path to a viable future, and when China’s economic growth and international influence are in steep decline, these tariffs will help to revive the Democratic Party and push other countries into the arms of China.
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