The article critiques President Trump's approach to executive orders and tariffs, likening it to a chaotic medical scenario where expertise is lacking. The author expresses doubt about the thoroughness behind these decisions and their understanding of long-term implications on trade and governance. Referencing a Wall Street Journal editorial, it emphasizes the questionable reasoning behind Trump's tariffs on Canada and Mexico and stresses the challenges U.S. companies face competing with China in critical industries.
Trump's impulsive tariffs, announced and put on hold at whim, highlight a deeper challenge: how U.S. companies will keep pace with China in key industries.
I fear we are witnessing not a surgical operation on the economy, but rather the chaotic scribbling of half-baked ideas on a napkin.
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