Monday, July 28, 2025

Debate Surrounding the Impact of Trump Tariffs

Trump’s Tariffs Are Already Stunting World Growth While Markets Shrug
https://www.bloomberg.com/news/features/2025-07-27/how-trump-s-tariffs-are-already-stunting-world-economic-growth
With the president’s new trade deals, US protectionism is slowing investment and rewiring supply chains at the expense of the global economy.
 
What the world got wrong about tariffs
https://www.ft.com/content/bb355162-0973-4cdd-baf3-fe685c63e20a
What the world got wrong, then and now, starts with its mental frameworks. The timeworn mistake of employing simple models, in which a headline-grabbing input A leads in a straight line to outcome B, has been greatly magnified by the global obsession with Trump. He is the only input anyone cares to analyze anymore. But complex economies are rarely shaped by just one factor, not even a shock as big as Trump’s tariffs.