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Friday, December 5, 2025

The Art of the Really Stupid Deal

The Art of the Really Stupid Deal

What the heck were the Trumpists thinking?

Earlier this week the Trump administration triumphantly announced that it had scored a big trade deal with Japan. Now the reviews are in, and the deal basically received a 0% score on Rotten Tomatoes. And I’m not talking about the reactions of economists; I’m talking about the reaction from the manufacturing sector, both management and labor, which Trump’s tariffs were supposed to help.

Why so negative? I’ll get there shortly. First, let’s talk about the overall state of Trump’s trade war.

More here >

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