Last week, President Donald Trump was a day’s “liberation day”. With the announcement of the assembly of the new customs tariffs on both friends and enemies, it is certain that it made the date.

Open question: Is everything a trick negotiating? Or does the president really want to isolate the United States from the rest of the world, start a commercial war, and collapse relations that have kept the world relatively peacefully since World War II? The advertisement certainly achieved one goal – making news. Executive orders that impose a 10 % basic tariff on all countries and much higher rates on commercial partners in the United States have sparked the madness of the media with commentators, economists and historians. Noting the similarities SMOOT-HWLEY tariff, which is widely recognized as a contributor to the great depression.

Even Trump’s allies are Talk publicly against definitions. “We are in the process of destroying confidence in our country as a commercial partner, as a place to carry out business, and as a balance of capital investment,” books Perchang Square Bill Akman, who supported Trump last summer, in x After Sunday. Akkam suggested a 90 -day deadline “to negotiate and solve unrealistic tariff deals.”

It is not surprising that you hate Wall Street and the markets of these definitions. Corporate leaders in a state of shock – reorganization of priorities, stop investments, freeze employment, and start closing, all while trying to keep the stakeholders calm. Flummoxed retailers.

On the Capitol Hill, the definitions also paid a predictable reactions. Democrats are happy as newly supportive supporters. Republican politicians discovered the joy of definitions. Some unions are excited. Others are skeptical. Meanwhile, Americans are divided and foreign leaders are terrified.

I see it from a different perspective as the president of the Consumer Technology Association, which represents about 1,300 technical companies. Last week, ISpoilAgainst these definitions. When doing this, I felt that I was saying what was clear: these tax tax increases for Americans who would perform inflation, kill jobs, and may cause stagnation. The day of economic passion is the beginning of a global trade war, but also in cutting our ties with allies and commercial partners for a long time. The markets have agreed, with more than $ 5.6 trillion (and climbing) in the lost market value since the announcement.

It is clear that President Trump has a plan, but I am concerned that his view of our country is stuck in the past. I still hear President Trump and Trade Minister Howard Lootnick talks about the huge new American factories. But in a high work environment, it is not clear that factories are the place where Americans aspire to work. Even if they did, Minister Lutnick admitted that very automated factories will employ a few Americans, unlike those who build and fix them.

The truth is that everything can be made in the United States, and not everything should be. behind Goods with national security effects such as ships and aircraft, the Americans are better served by investing in strong supply chains that bring low -cost goods from all over the world.

So, what is the solution? One of the potential options outside the slope-liability the preferred option for President Trump-is the deal. Trump’s wish list may include a less tariff than these countries, obligations to buy American goods, or invest in the United States if President Trump made a deal with Vietnam or another major manufacturing country, and others will follow, and will calm the markets. In fact, there are many rumors that these deals have already been conducted and will be announced soon. This scenario is the best condition, the world pushes the decrease or even the ranks of the tariff.

Another option is to take action from Congress, which gave President Trump a tariff and can restore it. Politics makers already hear from unhappy voters. If they face the possibility of a blue wave in the middle of the period 2026, they may decide that the risks outperform the president’s anger.

We have already started to see some Republican rebellion. Last Wednesday, a group of Senate members of the two parties issued a decision that refuted the “economic emergency” that justifies the definitions of Canada. Senator Chuck Grassley and Maria Kaneuel also suggested that Congress have the right to reflect the new definitions. Every few hours we hear another Republican politician who publicly wonders about the wisdom of President Trump’s approach to definitions. If the market continues to be female, more leaders will speak.

Of course, President Trump is the master of the speech. If he sees that the economy is heading south and high general anger, he may try to transform public feelings by doubling the claims that the tariff revenues are needed to finance the tax cuts that enhance the economy. While the changes in the tax law require a procedure from Congress, a new framing can help enhance political support.

The final option is to litigate. A clear reading of the main president that Trump used to apply these definitions show that he was written for real emergency situations, and that these customs tariff procedures extend this term to beyond any rational meaning. By the time you read this, lawsuits are likely to be filed in federal courts that seek to obtain introductory orders. However, the judges are slowly judging, the appeals take some time, the judicial approach is fraught with risks, delay and a specific randomness.

If President Trump and our political leadership reject these slopes, the result will be a commercial war that causes economic chaos in the world. Let us hope at least some of our leaders focus on helping Americans really “liberate”.

The opinions expressed in cutting comments Fortune.com are only the opinions of their authors and do not necessarily reflect opinions and beliefsluck.

Read more:

• Exclusive: The American Chamber of Commerce is studying The Trump administration is prosecuted to stop the attack on the global tariff
• The biggest names in business and financing from Bill Akman to Howard Marx They talk about definitions– There is what they say
• Jimmy Damon The Trump tariff will leave the United States in the cold: “America first is fine, as long as it does not end until America is alone.”

This story was originally shown on Fortune.com

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2025-04-07 16:14:00