Trump is knowingly steering the economy off the cliff with tariffs

Over the weekend, Donald Trump’s reassurance of a more generous approach to tariffs was reversed again, apparently returning to draconian across-the-board 20% tariffs. The president’s imminent Rose Garden “Liberation Day” announcement of universal tariffs on everything coming into the U.S. from everyone—accompanied by the Trump-driven 10% decline in the stock market over the last month—is just the latest example of how Trump’s capricious tariff tantrums are steering the U.S. economy straight off the cliff.