Part 3/11:
John Hindereaker, president of the Center of the American Experiment and founder of the Power Line blog, emphasizes that these adverse predictions have not materialized. He argues that tariffs are not a novel phenomenon but have long been part of international trade, often used as leverage in negotiations rather than economic destruction. Hindereaker asserts that Trump's strategy of securing better trade deals to create a level playing field is ultimately beneficial for the U.S. economy. Furthermore, he cites recent tariff revenue records—already reaching $150 billion—as evidence that the tariffs are generating significant income without causing runaway inflation, alongside respectable economic growth.