Joel Rubin on Tariffs: There‘s No Narrative That We Can Grab on About What Trump’s Trade Strategy Is

RUSH EXCERPT:
RUBIN: “Yes they do. Look what triggered. President Trump is the digital sales tax. That‘s when he decided. He was. “Going to exclaim, it‘s time to blow up our trade negotiations and the. Digital sales tax. Interestingly hits the tech sector. People like Jeff Bezos, who apparently can‘t afford to pay more taxes, they have to spend it on their lavish weddings. And I think, you know, this just goes to the core point, which is that there is no real governing trade, negotiating philosophy here. We have the liberation day in early April. That kind of went south, and it‘s taco Trump. He says he‘s going to get deals now. Scott Bessent the Treasury secretary says maybe we‘ll get deals in September. Perhaps. I don‘t think there‘s any driving force or narrative that we can grab on to about what his trade strategy really is.”