Donald Trump tried to crash the global economy with tariffs. It is hard to grasp just how historically, world-alteringly stupid this is.

“There has certainly been no piece of trade policy in my lifetime that is at this level of stupidity, right?” said Rob Gillezeau, an assistant professor of economic analysis and policy at the University of Toronto. “It’s not grounded in anything intelligent. Like, they’re kind of just like ignoring economics altogether.”

“I think I can obviously come up with things that have happened in other countries (that are dumber),” says Joseph Steinberg, an assistant professor of economics at the U of T who specializes in international economics, including trade. “I mean, you know, the policy trajectory that North Korea chose after the Korean War.”

Link