Six in 10 U.S. adults believe in one or more of the following: reincarnation, astrology, psychics and the presence of spiritual energy in physical objects like mountains or trees, according to a 2017 Pew Research Center study.
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WSJ on Trump's economic policies:
If Mr. Trump’s goal was to nudge businesses to friendlier locales, a better U.S. policy was to join the Trans-Pacific Partnership trade agreement that excluded China. But Mr. Trump rejected that deal. The Pacific pact would have boosted trade among a dozen countries, including Vietnam, while offering companies an incentive to set up shop in those places. This approach would have avoided the collateral damage from Mr. Trump’s blunderbuss tariffs, . . .
Mr. Trump’s answer, as usual, is to quintuple down in a second term. A universal 10% tariff would “raise taxes on American consumers by more than $300 billion a year—a tax increase rivaling the ones proposed by President Biden,” the Tax Foundation says. Including expected retaliation, it would “shrink the U.S. economy by 1.1 percent and threaten more than 825,000 U.S. jobs.”
Slapping 10% tariffs on everything made by Vietnam, South Korea and other U.S. partners would have the effect of abandoning them to China’s economic sphere, which is the opposite of America’s geostrategic interests.
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