#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.
California Sues Trump Over Tariffs, Calling Emergency Powers 'Transformative Expansion'
- Wednesday, 16 April 2025
California Governor Gavin Newsom has filed a lawsuit challenging President Donald Trump’s tariffs, marking the first time a state has sued over the levies. The suit argues that Trump's use of emergency powers to enact the tariffs exceeds his authority and cites previous Supreme Court rulings against Biden’s student debt forgiveness plan. California is home to a significant portion of US manufacturing and agricultural production, making it disproportionately affected by the tariffs.
