Spare a thought for the poor billionaires who backed Trump – and hate tariffs

Trade Wars, Episode V: The Empire Shoots Itself in the Foot. As the world financial markets fail to appreciate his genius, tariff-excreting president Donald Trump has explained it all away by stating that "sometimes you have to take medicine". Why am I reminded of the bit in Covid where he appeared to suggest that disinfectant could helpfully be injected into the lungs? I guess that was just science, same as this tariffs plan is just economics. Even so, can it really still be less than a week since a Wall Street Journal poll found 77% of US Republicans thought tariffs…