Trump’s Sphere-of-Influence Tariffs

By trying to weaponize the U.S. tariffs on America’s big trade partners against China, President Trump is basing bad economics on worse geopolitics. It could prove a costly prelude to a global downturn. On February 1, President Trump imposed 25% tariffs and 10% duties on energy products on Canada and Mexico, and 10% tariffs on … Continue reading “Trump’s Sphere-of-Influence Tariffs”