Trump’s ‘idiotic’ tariffs are ‘doomed to fail’ – Michael O’Leary

Michael O'Leary has said Donald Trump's tariffs are "doomed to fail" and described his economic policies as America "shooting itself in the foot". Yesterday, the US President announced sweeping tariffs on foreign imports in the United States. Goods from tiny, impoverished Lesotho in Africa will face a 50% tariff, while those from the European Union will be charged a 20% import tariff. Advertisement President Trump said it would "supercharge our industrial domestic base" but Mr O'Leary said protectionism was a failed economic policy. "Isolationism doesn't work," he told Newstalk Breakfast. "If isolationism worked, North Korea would be the world's greatest…