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@mattsheffield@mastodon.social

Post #4438985

2026-08-08 00:55 UTC

Trump still hasn't learned that tariffs do not work to encourage domestic manufacturing. To make domestic goods cheaper, you should subsidize them, not tax imported goods. It is interesting seeing Trump indirectly conceding that the U.S. needs solar energy production companies. Predictably, he is getting the policy wrong. https://www.theguardian.com/us-news/2026/aug/07/trump-orders-tariff-solar-panels-microchips-manufacturing-ingredient

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