#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 Meets Meloni, Slams Powell as Tariffs Tumble Stocks
- Thursday, 17 April 2025
Donald Trump met with Italian Prime Minister Giorgia Meloni at the White House, discussing a potential trade deal to prevent the European Union from being hit with Trump's 20% reciprocal tariff. The meeting came after Trump criticized Federal Reserve Chair Jerome Powell on Truth Social, calling him "too late and wrong" for not cutting interest rates. Stocks took a historic tumble following Powell's warning that Trump's tariffs are "highly likely" to cause more inflation, which may have angered the president.