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Trump Starts a Massive Trade War

April 3, 2025 at 6:37 am EDT By Taegan Goddard Leave a Comment

Playbook: “The global economy is in flux this morning as Donald Trump’s surreal, chart-waving TV performance in the White House Rose Garden ushers in a new era of 19th century-style protectionism.”

“With Trump’s allies fanning out across the media to sell his tariffs to a skeptical public, global investors are braced for carnage when the U.S. markets open at 9:30 a.m. Economists are issuing dire warnings about the impact on prices, trade and growth if the tariffs remain in place.”

“And America’s allies and foes around the world are digesting what just happened — and carefully weighing their response.”

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Filed Under: Economy, Foreign Affairs


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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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