Thursday, July 17, 2025

President Trump Reshapes Global Trade

Forget TACO. Trump Is Winning His Trade War.
https://www.wsj.com/economy/trade/forget-taco-trump-is-winning-his-trade-war-8af6f777
The president wants tariffs, the higher the better. Whether that is achieved unilaterally or via deals is secondary. 

It’s No Bluff: The Tariff Rate Is Soaring Under Trump
https://www.nytimes.com/2025/07/14/us/politics/trump-tariffs.html
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.

 

The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.
https://www.nytimes.com/2025/07/14/us/politics/tariff-threats-us-economy.html
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared.


Trump Bets Constantly Shifting Tariff Strategy Can Remake Global Trade
https://www.wsj.com/politics/policy/trump-tariffs-trade-policy-negotiations-0e4dbbe3
President wants to keep other countries guessing, but his strategy faces risks.
 
Households will pay an average of $2,400 more for goods this year, thanks to Trump’s policies.
https://www.theatlantic.com/economy/archive/2025/07/trump-tariffs-trade-war-ongoing/683476/