Sunday, April 8, 2018

The little prince

When the president threatened China with $100 billion in new tariffs, there had hardly been any White House discussion.

What I’m hearing: There wasn’t one single deliberative meeting in which senior officials sat down to debate the pros and cons of this historic threat. Trump didn’t even ask for advice from his new top economic adviser, Larry Kudlow, instead presenting the tariffs as a fait accompli. Chief of Staff John Kelly knew Trump wanted more tariffs but was blindsided by the speed of the announcement. And Legislative Affairs Director Marc Short — the White House’s liaison to Capitol Hill — was totally in the dark.

  Axios
You don't like it? You're fired!
To be sure, the president wasn’t completely freelancing. The topic came up at the senior staff meeting the morning of the announcement. And he personally ordered Treasury Secretary Steven Mnuchin to put together the threat and to get it done by Thursday. Trump said he had to protect American farmers, whom the Chinese were threatening with billions in tariffs.
Indeed. And why? Could it be the tariffs he'd just announced?
Trump had melted down Capitol Hill and roiled the markets with zero substantive internal debate.

[...]

Trump isn’t just emboldened; he’s unleashed — bringing the U.S. to the brink of a trade war at a breakneck pace.
...but hey, do what you want...you will anyway.

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