#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.
Trump Tariffs Threaten $1 Million Hit to Family Italian Wine Business
- Tuesday, 01 April 2025
A fourth-generation Italian wine and spirits importer, Dina Opici, is facing a $1 million tax hit due to Trump’s tariffs. The company's three containers worth of goods, valued at $500,000, will be subject to a 200% tariff if Trump's retaliatory measure goes into effect on April 2.
