Abdullah Fayyad

It's really hard to understand what Trump really sees in tariffs altogether. And that's because he really seems to view them as a solution to everything. He's been railing about tariffs for a long time. And since he came in this time around, you know, he went out swinging for tariffs for all these different reasons.

It's really hard to understand what Trump really sees in tariffs altogether. And that's because he really seems to view them as a solution to everything. He's been railing about tariffs for a long time. And since he came in this time around, you know, he went out swinging for tariffs for all these different reasons.

It's really hard to understand what Trump really sees in tariffs altogether. And that's because he really seems to view them as a solution to everything. He's been railing about tariffs for a long time. And since he came in this time around, you know, he went out swinging for tariffs for all these different reasons.

not just a matter of addressing trade deficits or protectionism for our domestic manufacturers of helping industries grow in the United States. He's also talked about tariffs for curbing immigration and fentanyl. He's talked about tariffs as a means, as a negotiating chip to close in on a TikTok deal with China.

not just a matter of addressing trade deficits or protectionism for our domestic manufacturers of helping industries grow in the United States. He's also talked about tariffs for curbing immigration and fentanyl. He's talked about tariffs as a means, as a negotiating chip to close in on a TikTok deal with China.

not just a matter of addressing trade deficits or protectionism for our domestic manufacturers of helping industries grow in the United States. He's also talked about tariffs for curbing immigration and fentanyl. He's talked about tariffs as a means, as a negotiating chip to close in on a TikTok deal with China.

So, you know, they're kind of all over the place. He wants them to raise a lot of revenue for the United States. And he also seems to want to use them, you know, for the more traditional protectionist policy of helping prop up domestic industries, you know, like certain manufacturing industries, be it, you know, steel industry, automakers, the auto industry and things of that nature.

So, you know, they're kind of all over the place. He wants them to raise a lot of revenue for the United States. And he also seems to want to use them, you know, for the more traditional protectionist policy of helping prop up domestic industries, you know, like certain manufacturing industries, be it, you know, steel industry, automakers, the auto industry and things of that nature.

So, you know, they're kind of all over the place. He wants them to raise a lot of revenue for the United States. And he also seems to want to use them, you know, for the more traditional protectionist policy of helping prop up domestic industries, you know, like certain manufacturing industries, be it, you know, steel industry, automakers, the auto industry and things of that nature.

You know, tariffs are a tool, you know, in the industrial policy toolkit. And there are times where they can be useful. But the problem is, is when you over rely on them, you know, the costs are much greater than the benefits.

You know, tariffs are a tool, you know, in the industrial policy toolkit. And there are times where they can be useful. But the problem is, is when you over rely on them, you know, the costs are much greater than the benefits.

You know, tariffs are a tool, you know, in the industrial policy toolkit. And there are times where they can be useful. But the problem is, is when you over rely on them, you know, the costs are much greater than the benefits.

You know, when Trump is implementing tariffs in the way that he is, broad-based tariffs on all imports, 10% and higher, you know, from countries, be they adversaries or allies. When you're implementing tariffs that way, the costs are going to be higher than the benefits because essentially, you know, tariffs are a consumption tax.

You know, when Trump is implementing tariffs in the way that he is, broad-based tariffs on all imports, 10% and higher, you know, from countries, be they adversaries or allies. When you're implementing tariffs that way, the costs are going to be higher than the benefits because essentially, you know, tariffs are a consumption tax.

You know, when Trump is implementing tariffs in the way that he is, broad-based tariffs on all imports, 10% and higher, you know, from countries, be they adversaries or allies. When you're implementing tariffs that way, the costs are going to be higher than the benefits because essentially, you know, tariffs are a consumption tax.

They are indirectly a tax on consumers because companies will eventually raise their prices in order to offset the tax. So consumers do bear the brunt of tariffs. Prices will go up. There will be an inflationary aspect of this policy which will probably get people upset.

They are indirectly a tax on consumers because companies will eventually raise their prices in order to offset the tax. So consumers do bear the brunt of tariffs. Prices will go up. There will be an inflationary aspect of this policy which will probably get people upset.

They are indirectly a tax on consumers because companies will eventually raise their prices in order to offset the tax. So consumers do bear the brunt of tariffs. Prices will go up. There will be an inflationary aspect of this policy which will probably get people upset.

It could also actually end up limiting trade and causing a shortage of supply, which might also drive prices up.

It could also actually end up limiting trade and causing a shortage of supply, which might also drive prices up.