Summary
The Wall Street Journal mocked Trump’s tariff policy, calling his pause on Canadian and Mexican import taxes a retreat rather than a “genius power play.”
It criticized Trump for claiming victory despite making only minor trade deals.
Trump agreed to a 30-day delay after Mexico and Canada offered border security concessions.
The Journal previously called his trade war “the dumbest in history.”
Canada didn’t even make any actual concessions. The money we offered to spend on border security had already been committed for that purpose in December. So the only thing we’re actually doing differently is adding the words “Fentanyl Czar” to someone’s portfolio. Presumably, whoever is already in charge of public safety.
Amazing diplomacy there from Trump. 10/10.
I’ve never seen anyone take the angle of Trump’s tariff policy being anti-capitalist and I don’t understand why. He’s disrupting free trade which is a foundational aspect of a global capitalist economy, why isn’t his party mad about that?
Also this article was fucking terrible
Because capitalism does not mean free trade?