08-04-2025
When the Clock Strikes Midnight, Americans Turn Into ‘Peasants'
Opinion Newsletter
Jessica Karl, Columnist
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I dunno, slapping a 104% tariff on a country that you import more than $400 billion in goods from each year does NOT sound like a smart idea! In fact, it sounds completely nonsensical. And the Bloomberg Editorial Board agrees: 'Initiating a trade war under such conditions defies economic logic.' Don't believe it? Just look at this chart:
