Bracewell’s Josh Zive told The Milwaukee Journal Sentinel that imposing steep tariffs as Donald Trump is proposing is “a bit like threatening to drive your own car off a cliff.”
Zive added that Vice President Kamala Harris would probably set a trade policy with less use of broad-sweeping tariffs more akin to the Barack Obama and George W. Bush administrations. “I think a return to normalcy would be welcomed,” he said, because most businesses don’t like large and sudden changes triggered by trade wars.