In his Substack column, Nobel laureate Paul Krugman discusses the ignorant Malignant Fascist's obsession with tariffs and his imagined power to levy them, despite its un-Constitutionality:
"In reality, by the time of the Supreme Court ruling, Trump’s assertion that tariffs are a magic elixir that solves all problems wasn’t convincing anyone. Independent voters disapproved of his tariff policy by a three-to-one margin. Accordingly, when the Court’s decision came down, some Democrats immediately worried that the ruling would help Trump politically, giving him an escape route from an unpopular and ineffectual policy. Here’s how G. Elliott Morris put it:
'As I see it, the Court, by striking down Trump’s tariffs, permitted him to defiantly retreat from one of his most unpopular policies; he could have simply blamed the judiciary and moved on.'"Yet he didn’t. Why?
"It has been clear from the beginning that a primary motivation for tariffs was that they empowered Trump personally. They allowed him to punish governments he didn’t like, demand subservience from other countries as the price of lower tariffs, and offer waivers and exemptions to companies that put money in his own pocket. And maybe Trump can’t bear the thought of losing that power." (our emphasis)
The point about offering using "waivers and exemptions" to tariffs for companies so that the MF could line his and his family's pockets is the single greatest motivator for him. Tariffs are a major tool for his extortion of companies and nations willing to pay bribes that benefit him and his corrupt family. For that reason, and because his megalomaniacal ego won't admit defeat, the tariff war will continue.
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