#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 Dials Back Tariff Threat, Puts Global Economy on Pause for 90 Days
- Wednesday, 09 April 2025
President Donald Trump has stepped back from imposing tariffs on dozens of countries, instead pausing higher tariff rates for 90 days. The White House had previously insisted that the tariffs would go ahead as planned, but ultimately implemented a pause with some notable exceptions. The move was met with relief from investors and international partners, who had been concerned about the potential economic disruptions caused by the tariffs. Trump's aides celebrated the decision, saying it was part of the president's "art of the deal" negotiating strategy, while Democrats criticized the move as an example of "governing by chaos."
