Donald Trump Is Talking Himself Into a Global Trade War on Twitter

Meanwhile, his economic advisors don’t know what’s going on.

This is Donald Trump's most likely response to an active shooter nearby: "Gunfire? No, I don't hear any gunfire."Jeff Malet/Newscom via ZUMA

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.

While officials inside the White House are still shocked at Donald Trump’s sudden public pivot toward trade wars with China and the European Union, the president isn’t letting up. Instead, he’s digging in, taking to Twitter to once again make threats directed at the EU.

“Our jobs and wealth are being given to other countries that have taken advantage of us for years,” Trump tweeted early Saturday afternoon. “They laugh at what fools our leaders have been. No more!”

He then threatened to increase taxes on European exports into the United States:

Saturday’s latest mini-tweetstorm comes a day after the president issued a series of similarly disconcerting messages, writing in part that “trade wars are good, and easy to win.”

Meanwhile, officials inside of the Treasury Department are scrambling to contain the fallout from Trump’s tweets, which in addition to being wrong, have also frightened investors and outraged US allies across the globe. One senior member of the president’s economic advisory team told Politico, “I don’t understand what we announced, I don’t know what the policy is.”

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate