#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.
UK Warned of Trump Tariff Impact: No 10 Confirms UK Expects Consequences from US Steel and Aluminum Measures
- Tuesday, 01 April 2025
The UK expects to be impacted by US President Donald Trump’s proposed tariffs on steel and aluminum imports. According to No 10 Downing Street, the government anticipates being affected by the measures, but did not provide further details.
Trump Tariffs Threaten $1 Million Hit to Family Italian Wine Business
- Tuesday, 01 April 2025
A fourth-generation Italian wine and spirits importer, Dina Opici, is facing a $1 million tax hit due to Trump’s tariffs. The company's three containers worth of goods, valued at $500,000, will be subject to a 200% tariff if Trump's retaliatory measure goes into effect on April 2.
Harley-Davidson Faces 'Death Knell' as Trump's Tariffs Threaten Iconic Brand's European Sales
- Monday, 31 March 2025
Harley-Davidson is facing potential destruction due to Donald Trump's escalating trade war. Motorcycle experts warn that if the US imposes tariffs on European goods and the EU retaliates with 50% tariffs on American products like Harley-Davidson motorbikes, prices could increase by 10-20% and cause irreparable damage to the company in Europe. The proposed EU tariff would take Harley's Road Glide price from $77,000 to $124,000.
Navarro Slams 'Liberation Day' Tariff Fears, Cites Success of 1963 'Chicken Tax'
- Monday, 31 March 2025
According to White House trade advisor Peter Navarro, Trump's looming tariffs will not tank the economy. Navarro pointed to the 1963 "chicken tax" imposed by President Lyndon Baines Johnson, which hit imports of European light trucks, including VW Vanagon, and led to a renaissance in US light truck development, boosting pickup truck production.
