What is the real reason behind Trump’s punitive tariffs? Two beliefs that have frequently wreaked havoc in the past.
Throughout history, absurd economic theories have repeatedly caused immense damage. From Marxism to other forms of anti-capitalism, these ideologies have plunged numerous countries into poverty. But rarely have economic zero-sum beliefs and scapegoating caused such economic carnage in such a short space of time as in the few days since Trump’s “Liberation Day.”