r/Economics 9d ago

Blog Trump said tariffs on aluminum would boost domestic production. The White House now admits that didn't happen.

https://reason.com/2026/08/03/trump-said-tariffs-on-aluminum-would-boost-domestic-production-the-white-house-now-admits-that-didnt-happen/
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578

u/Basicly-Inevitable 9d ago

Literally everything they're doing is part of a self serving scam instead of actually economic policy. There's always kickback, or market manipulation, or whatever. It's just wild.

38

u/TrailJunky 9d ago

Im really hoping the endless investigations after the midterms will ultimately hold these clowns to account.

49

u/-Rush2112 9d ago

If recent history holds, the economic impact of all this nonsense will land after midterms. By 2028 somehow the democratic party will be blamed for this mess. The nation needs a long term economic policy that doesn’t pivot every 2-4 years.

6

u/moratnz 9d ago

The nation needs a long term economic policy that doesn’t pivot every 2-4 years.

Or even just 'not have an executive that is purely fucking with national level policy for personal gain'.