Heather CR has an explainer (from 10/22) re what this tariff bullshit is really all about...but recall Herr Drumpkopf already pulled that stunt during his first stint, resulting in record farm bankruptcies and a Potemkin trade war with Chynuh...that culminated in the stupid DJT/Xi pix where they shook hands. (This was also when DJT was fluffing Xi over the nascent corona bug as well as covering up Uighur slave labor but I digress.)
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Prof Paul covers some of that ground and more, here (good links within, too) --