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A Stunned World Reckons With Economic Fallout 

April 3, 2025 · 8:00 am ET · Leave a Comment

New York Times: “Laptop computers from Taiwan, wine from Italy, frozen shrimp from India, Nike sneakers from Vietnam and Irish butter.”

“These products are found in homes across the United States, a testament to America’s enduring role as a champion of free trade and its standing as the most lucrative market for goods from around the world.”

“They are now among the vast categories of goods subject to additional taxes after President Trump, on Wednesday, imposed universal tariffs on all U.S. trade partners as well as additional, heavier duties on 60 countries he deemed the ‘worst offenders’ of unfair trade practices.”

Washington Post: Size of Trump tariffs stuns U.S. allies.

Wall Street Journal: Tariffs ushered in an uncertain global order.

Economy, Foreign Affairs

← PreviousTrump’s Mindless Tariffs Will Cause Economic HavocNext →Auto Tariffs Take Effect

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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