By shaping an environment supposedly designed to create more opportunities—first and foremost for Americans—Trump is pushing a populist agenda that ultimately undermines free markets.
His tariffs aren’t about real economic gains; they’re about bolstering his strongman image and rallying his base.
In the long run, this approach risks driving up inflation and tying the Fed’s hands when it comes to cutting rates. Less liquidity means less fuel to pump your bags.
As for the fallout in the banana zone, only time will tell…
