This is long, but it is an excellent, detailed summation of Trump’s overall strategy to use reciprocal tariffs as the kickoff point in a larger reset of the U.S. economy and global trade relationships in a post-quantitative easing world.
Disclaimer: Tanvi Ratna is an acolyte of the World Economic Forum, so her motivations for publishing this detailed, largely complimentary thread regarding Trump’s overall strategy become automatically suspect. Still, the thread presents an accurate, smart assessment of the plan, the need for it, and the risks contained in it.