#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.
Global Trade in Chaos: Trump Imposes Universal Tariffs Amidst International Backlash
- Thursday, 03 April 2025
World leaders have criticized US President Donald Trump’s decision to impose new tariffs on all goods entering the US as a "major blow" to the world economy. The European Commission chief Ursula von der Leyen said it will cause "uncertainty spiral" and "dire consequences for millions of people around the globe". Several countries, including China, have expressed their opposition to the move and warned they will take countermeasures against the US. Other countries affected by the tariffs include Canada, Mexico, Japan, South Korea, Taiwan, Vietnam, Thailand, Australia, and others.
