Trump's unpredictable tariffs are changing the economy

  • We should have known it was too good to last. After markets enjoyed a month of relative peace in Donald Trump's trade war with the world—a stretch of time during which Trump paused his so-called “reciprocal” tariffs on most countries and then rolled back his massive 145% tariffs on China—the president reignited the conflict Friday morning with a couple of posts on TruthSocial.