The Ultimate Bait and Switch of Trump's Tariffs [View all]
(The Atlantic) If youve ever watched a game of three-card monte, youve noticed that the dealer talks nonstop. The chatter serves two functions. First, it distracts the victims. Second, and maybe more important, the dealer is deceiving his victims about whats befalling them. The spiel invites them to imagine theyre playing a game in which they stand a fair chance. In reality, they are being swindled.
The Trump White Houses press releases about its so-called trade agreements and negotiationsfirst with the United Kingdom, now with Chinaare just so much dealer patter.
The tariff numbers go up. Up and up and up. Ooh, now they come down. Up! Down! And all the while, everybody involved is telling contradictory stories about whats being done and why.
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