Trump’s off-again, on-again tariff strategy proves ‘Frat boys’ are running the economy, says @jeffsonnenfeld.bsky.social. If you really want to boost manufacturing, J. Nicole Bivens Collison says, you first start with investing in it, not the White House’s tariff-first strategy. #Velshi
msnbc.com
‘Frat boys’ running economy no way to boost American manufacturing
The purported goal of Donald Trump’s broad tariffs is to bring manufacturing jobs back to the United States. But the on-again, off-again way in which the White House has approached tariffs could prevent companies from investing in the United States, says Yale School of Management professor Jeffrey Sonnenfeld. J. Nicole Bivens Collinson, a former assistant chief negotiator for the U.S. trade representative, says the tariff-first strategy is a mistake: “You examine which manufacturing industries you want to try to establish, then allow the tariff to come in, because if you just tariff on the finished product, you're going to ruin any investment industrial manufacturing.”
