WSJ Board Gives Trump Failing Grade On First 100 Days

From the Wall Street Journal editorial board:

Mr. Trump was elected to control inflation and raise real incomes, but tariffs do the opposite. They guarantee at least a one-time increase in prices on imported goods that will flow through the economy.

They portend shortages for consumers, and for businesses that source goods and components from abroad. It’s a mistake to think the tariff damage is only domestic. The willy-nilly assault on friends and foes has shaken global confidence in U.S. reliability.”

Voters re-elected Mr. Trump in part because they remembered fondly his first-term economy. But that success owed mainly to his pursuit of conventional GOP priorities like tax reform and deregulation. This term he is indulging his trade and foreign-policy obsessions, and the early results are negative. He’ll fail unless he heeds the warnings.

Read the full editorial. Look who’s thrilled to share the WSJ’s latest attack. Just like he did a couple of weeks ago.