#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 Sports Industry: Global Impact Felt in Football, Olympics, and Beyond
- Thursday, 03 April 2025
The impact of US President Donald Trump’s tariffs on sports could be significant, with car manufacturer Ineos Automotive facing 25% tariffs on vehicles exported to the US. This could affect businesses that invest or sponsor sports events, such as Hyundai Group and Fifa, which may reassess their deals. Sports teams and athletes sponsored by sportswear brands like Nike, Adidas, and Puma may also be affected, but experts say the impact should be limited due to consumers being used to premium prices in sports retail. The tariffs could also affect the atmosphere at sports events hosted by the US, such as the Ryder Cup and 2026 World Cup.
