Jonathan Swan: Trump Has ‘Never Really Had a Developed Economic Theory’ on Tariffs

RUSH EXCERPT:

SWAN: “Well, it’s two things. So on the tariff situation, it’s a great example because this is something he’s thought about for years, talked about trade. You know, it’s this thing he’s sort of had but never really had a developed economic theory of how this would work.”
HOST: “But he. Has believed in this since 1988, 1989.”
SWAN: “But at a at a sort of gut, fairly superficial level. And was always restrained in term one. You had people like Gary Cohn saying, no, this is terrible. He did some tariffs. They were fairly targeted and narrow. But there was a meeting early on where they’re talking about tariffs on on Mexico and Canada. And Trump says what are we doing for China? And someone says, you know, we should probably do some analysis. And he says, put them in for 10, put them in for 10.”