When Donald Trump announced this week that American children will have to make do with fewer toys at Christmas, unflattering comparisons were drawn to noted figures from history.
“It sounded like Marie Antoinette saying ‘let them eat cake’,” said Whit Ayres, a Republican pollster.
Economists and businessmen have been warning for weeks that the president’s 145 per cent tariff on China will raise prices for ordinary Americans. The White House has consistently pushed back on that narrative.
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