At a recent press conference, Donald Trump called a reporter’s inquiry “the best question I’ve ever been asked” after being asked about economist Torsten Sløk’s surprising reversal on Trump’s tariff policies. Sløk, who once warned Trump’s tariffs could spark a recession, now says they may have been a smart, long-term strategy to reshape global trade—suggesting the U.S. could benefit from $400 billion in annual revenue.
Trump, clearly vindicated, touted increased tax revenue, strong markets, and “no inflation,” and said critics should “go back to business school.”