#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.
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.
