What Trump’s Latest Tariffs Mean for the Economy

“The White House’s tariff revamp this past week represents yet another bend in President Trump’s continuing tariff saga. Beneath the headlines, the move likely means more of what businesses and shoppers have already learned to live with: sudden policy shifts, scrambled supply chains and higher prices on imported goods,” the Wall Street Journal reports.

“Eighteen months into Trump’s second-term trade war, tariffs have shown up mainly in higher prices, with goods inflation running well above its prepandemic pace.”