2025-05-12
"The Donald" is no stranger to bucking "received opinion", and his tariffs agenda would seem to confirm that he doesn't intend to change any time soon.
Global economics is a complex topic with many interlocking factors that taken together are difficult to unravel, but it does seem that many countries are "making the deal".
Nevertheless, when a number of economists gather to discuss such matters, it's a reasonable bet that the number of theories of economic behaviour may well exceed the number of economists in attendance.
This isn't really a surprise when one notes that economics is entirely dependent upon an understanding of human behaviours, and to understand those we must also understand human motivations. Not to mention politics ... religion ... history ... need I go on?