Article 3JFW5 Trump and trade tariffs: big lies founded on small truths | Yanis Varoufakis

Trump and trade tariffs: big lies founded on small truths | Yanis Varoufakis

by
Yanis Varoufakis
from Economics | The Guardian on (#3JFW5)

The president claims he wants to support blue-collar workers - but that notion soon collapses into a pool of implausibility

Donald Trump is perhaps the US president best equipped to understand that some rise by sin, and some by virtue fall.

His personal business plan always involved racking up enormous deficits and debts, before finding a way to unload them on to others - his employees and creditors mostly.

Related: Minted: the rich guys in Trump's cabinet who can't resist public money

The fact is, Donald Trump is only pretending to care about the trade deficit

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