With Tariffs and Trade, Trump Admin. Takes a Positive Step

President Trump is happily overstepping the naivete that informs so much economic commentary. While the experts continue to look to the Federal Reserve to bring down prices via the tweaking of interest rates, Trump wisely chose to provide reciprocal tariff relief for so-called “unavailable natural resources,” e.g., agricultural products that cannot be grown at commercial scale in the U.S. (tropical fruit, coffee, tea, spices).

 

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