“The minimum pain on yourself is you try to avoid imposing tariffs on the intermediate goods… you try to impose the counter tariffs on things that are easily substitutable… target your retaliation so that it hits politically sensitive constituencies.”

Krisha Freeland · The Ezra Klein Show · Why You Can’t Capitulate to Trump

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What was described

structured trade retaliation to minimize self-pain: avoid tariffs on intermediate goods, impose on easily substitutable goods, and aim at politically sensitive constituencies

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