ANALYSIS — Does Donald Trump’s tariff plan and related goal of revamping the U.S. economy amount to central planning by an overstepping president or him executing the “will of the people”?
When it comes to Trump’s economic agenda, the views of two veteran lawmakers capture their parties’ different public views. One Democrat sees “central chaos, not central planning,” while a top Senate GOP leader protested the notion of Trump as the central planner in chief, overseeing a command economy.
Trump made clear Monday that his objective is to methodically negotiate with many of the nearly 90 countries he slapped tariffs on last week. He also acknowledged that his vision of new factories dotting the American landscape would take years to carry out.