#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.
White House Warns UK: No Special Deals in US Trade Agreement
- Thursday, 10 April 2025
The White House warned that Britain will have to offer "extraordinary" concessions to get a tariff-free trade deal with the US. The 10% baseline tariff is expected to be maintained, requiring an extraordinary deal for President Trump to lower it. Prime Minister Keir Starmer expressed pleasure at the 90-day pause on some tariffs but acknowledged that the challenge remains, and officials are continuing to pursue a free trade agreement.
