Doesn’t this assume tariffs are efficiently adapting to changes in the market? Markets, trade, innovation, even currency prices change all the time. Tariffs cha

Doesn’t this assume tariffs are efficiently adapting to changes in the market? Markets, trade, innovation, even currency prices change all the time. Tariffs change every decade if you’re lucky and when they do there’s a thousand conditional statements baked in that make it even more disconnected from reality