Over the last two months the pace of U.S. foreign policy pronouncements can only be described as dizzying. From pausing and then unpausing aid to Ukraine, to discussions of “reclaiming” the Panama canal and launching a “soft invasion” of Mexico, it’s a challenge to stay up to date.
Nowhere is this more apparent than with trade policy, particularly tariffs. Tariffs are implemented, suspended, increased, decreased, not open for discussion, and then up for negotiation. Other nations retaliate. The U.S. doubles down. It feels like watching an unruly game of dodgeball where the players switch teams at random, the “ball” is an economic grenade, and no one knows when they’ll take that grenade to the face.
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