You can’t manufacture leverage like that. The “imbalance” he’s talking about didn’t exist in the first place. If he drops tariffs, he’s still in a materially worse position than when he started. He would need to provide concessions to get other nations to drop tariffs.
That would be dumb, though. For the same reason our tariffs are so goddamn dumb.
You can’t manufacture leverage like that. The “imbalance” he’s talking about didn’t exist in the first place. If he drops tariffs, he’s still in a materially worse position than when he started. He would need to provide concessions to get other nations to drop tariffs.
Or as I like to call it: The “Play Shitty Games, Win Shitty Prizes” Principle