Trump's tariffs aren't meant to make economic sense - Richard Murphy

6th April 2025

In summary, he is setting out to shatter every economic advantage that the USA has had, has exploited, and has massively benefited from. If anyone can see any sense in that, good luck in trying to do so.

If this were an act of charity to the rest of the world, it might be commendable.

If he was, as a consequence of doing this, trying to regularise the terms of trade, that might be an act to be applauded.

If he wanted the flow of wealth to reverse, so that countries in the global south might, in particular, gain from the reduction in US world economic power that he is intent on delivering, I might be pleased.

But that is not what he is trying to do. He is seeking to drag all states down with the USA, which has no chance of surviving what he is doing unscathed, and maybe intact, or even without civil war, so massive will the consequences be.

Read the full article and links HERE