My sincere honest take on the reciprocal tariffs:

If Trump is using these as a short term measure to negotiate better trade deals with countries (especially our close allies), the short term pain is well worth the gain.

If Trump is using these blanket tariffs as a longterm policy for the next 4 years & we find ourselves in a global trade war, that is going to have devastating economic consequences.

I believe Trump is doing the former. It is admittedly a dangerous game. Time will tell. He’ll either come out of this as a hero, or it’s going to really hurt his legacy if it turns out to be like the Smoot-Hawley Tariff Act of the 1930s. Time will tell.