Not sure it's such a good analysis? He's just saying it's a tax on consumption. Is that a good thing? Importantly he's ignoring all the second order effects o

Not sure it's such a good analysis? He's just saying it's a tax on consumption. Is that a good thing? Importantly he's ignoring all the second order effects of disrupting international supply chains. And the mitigating factor he notes, that it makes the dollar appreciate, is empirically not correct, the opposite is happening; a lot of trade is denominated in USD anyway.