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Boosted by jwz:
jalefkowit@vmst.io ("Jason Lefkowitz") wrote:
This is why the tariff rates are shockingly high. They HAVE TO be shockingly high, because the point of them is not what they do to the economy. The point is to threaten businesses worldwide with pain -- so much pain that they recoil at the prospect.
And then Don can step in and say, you know I can make that pain go away for you, right? I can give you an exception to the tariffs. All I ask in return is that you do me this one favor...
So the more extortionate the tariffs are, the better they are for Don. They give him personal power; leverage. The rest of us suffer, but who cares about that? He certainly doesn't.