Thursday, August 21, 2025

Tariff Impact is Starting to Emerge

The Steep Cost of Tariffs Is Finally Coming into Focus
https://www.bloomberg.com/opinion/articles/2025-08-21/trump-tariffs-steep-cost-is-coming-into-focus
If the original motivation was to reduce trade deficits, it now looks as if the only way that will happen is through slower economic growth and investment.

Trump’s roving banditry will undermine the US economy
https://www.ft.com/content/030fd15e-9780-40a9-9f58-5dc37692ddf3
On tariffs and tax the president acts like a mafia boss, but not a very good one