Leaders | MAGAlomania

Donald Trump’s economic delusions are already hurting America

The president and reality are drifting apart

Donald Trump brandishing a petrol jerrycan and a lit dollar bill
image: The Economist/Getty Images

Editor’s note (March 6th): Since this article was published, Donald Trump announced that tariffs on Mexican and Canadian goods covered by the North American trade agreement (roughly half their total exports to America, according to the White House) would be paused until April 2nd. Hefty tariff increases and significant uncertainty, therefore, still loom over the world economy—precisely what our leader discusses. Indeed, our cover illustration feels only more apposite.

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