It’s a pattern in President Trump’s chaotic tariff policy: he first suggests a high number, only to later ratchet it down. Business schools call it the ‘anchor effect.’
(Image credit: Chip Somodevilla)
How Trump made a 30% tariff feel like a relief
It’s a pattern in President Trump’s chaotic tariff policy: he first suggests a high number, only to later ratchet it down. Business schools call it the ‘anchor effect.’
(Image credit: Chip Somodevilla)
