#TradeWar

The Art of the Trade War

#TradeWar

The Art of the Trade War

Trade wars are like awkward family feuds, but instead of yelling at Thanksgiving dinner, politicians slap each other with tariffs like they're in a passive-aggressive game of economic dodgeball. One country raises steel tariffs, another retaliates with a cheese embargo, and suddenly world leaders are arguing over dairy like it's a geopolitical episode of MasterChef. Meanwhile, politicians give dramatic speeches about "protecting national interests," which loosely translates to, "We have no idea what we’re doing, but it sounds patriotic." In the end, nobody wins—except maybe smugglers and black market avocado dealers.

Musk Breaks with Trump on Tariffs: 'Free Trade Zone' Advocate Steps Down from Government Role

Elon Musk publicly dissented with Trump on tariffs, stating he hopes to create a zero tariff zone between Europe and North America. This comes days after Musk resigned from the Department of Government Efficiency (DOGE) amid speculation that his departure was linked to policy disagreements. The timing raised eyebrows, as Musk personally lost billions in market value due to the tariffs' impact on the US stock market, which experienced its worst trading week in five years.

Jaguar Land Rover Halts US Shipments Amid Trump Tariffs

Jaguar Land Rover has paused all shipments of its vehicles to the US as it works to address Donald Trump’s tariffs. The company's decision comes after a 25% levy on foreign cars imported into America took effect, and a wider 10% tariff on goods from around the world was introduced. The pause in shipments will take place in April while the company develops its mid-to-longer term plans.

Falklands Hit by Trump's Tariffs: 42% Tax on Exports Amid 'Worst Offenders' Label

The Falkland Islands was surprised to be included on President Trump’s "worst offenders" list, facing a 42% tariff on goods exported to the US. The territory, which has a population of about 3,600 people, relies heavily on fishing exports to the EU and US. Despite being affected by the tariffs, the Falklands government will not retaliate with its own tariffs and instead wants to maintain a "warm" relationship with the US.

iPhone Prices Set to Soar: Trump Tariffs Could Make Apple's Latest Models Cost $3,500 Each

According to Wedbush Securities analyst Dan Ives, Apple's iPhone prices may skyrocket to $3,500 due to President Trump’s tariffs on Chinese goods. The increase would make iPhones more expensive for US consumers, making them less affordable. This is because almost all iPhones are assembled in China and the 54% tariff would significantly drive up costs.

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