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Trump’s tariff wins? It’s FAFO, stupid

If you fear what Trump might do, that’s the whole point. The tariffs have little to do with economics.

From Seoul: While there are fringe anti-Trump tariff protests here in Asia’s most successful liberal democracy, mainstream opinion supports the alliance with the US. The first time I was here, a Korean army general thanked me for my service and for the 340 Australians whose ultimate sacrifice enabled Korea to rebuild following Japanese occupation and later communist aggression. The Republic of Korea is nothing short of an economic, social, and cultural miracle, and the strength of the US has been key to that success.

So, when President Trump went on his tariff tirade and economists all pooh-poohed his economic unorthodoxy, they missed the point.

My latest in The Spectator AustraliaTrump’s tariff wins? It’s FAFO, stupid.

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