, 3 tweets, 2 min read Read on Twitter
Please stop saying Trump "doesn't understand how tariffs work."

When Trump says China pays us in tariffs, he's *lying.*

He's staking his reelection on this lie.

The lie is that he's taking money from China and giving it to his voters.

My new piece:

It's amazing that some still think Trump's trade wars amount to "economic populism."

The only surviving remnants of his populism are the *xenophobic nationalist* elements of it.

It's no accident that Trump says he's making both Mexico & China "pay" us:

Here's the game, I think. No deal with China, or a bad deal, could be disastrous for Trump.

So Trump has a backup plan. He's swapping in a new story: He's forcing China to "pay" us tariffs, and he's giving the spoils to his voters:

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