Trump’s Tariffs Are Here to Stay

“President Trump’s on-again, off-again tariffs have prompted investors to bet that he will ‘always chicken out’ and given businesses and foreign leaders hope that the leader of the world’s largest economy will ultimately back down from his threats if they prove too economically disruptive,” the New York Times reports.

“Events of the past week have cast serious doubt on that bet. As Mr. Trump renews trade threats against more than two dozen trading partners, he is once again proving his fondness for tariffs, and embracing import taxes in a way that no other president has since the Great Depression.”