Policy or Cudgel? A Trade Economist on Trump’s Hardball Tariffs

Why did Trump impose 35% tariffs on Canadian goods? How is Nvidia’s $4 trillion valuation impacting markets? What caused Ford’s recall of over 850,000 cars? Why is Bitcoin reaching new all-time highs now? How will Trump’s new tariffs affect global trade? What’s behind layoffs at Indeed and Glassdoor? How is the One Big Beautiful Bill affecting taxes?

Policy or Cudgel? A Trade Economist on Trump’s Hardball Tariffs

nytimes.com/2025/07/11/business/pietra-rivoli-tariffs.html

In 2005, the economist Pietra Rivoli followed the production of a T-shirt from a cotton farm to a Walgreens to understand global trade. Today, she sees a new system arising.

This story appeared on nytimes.com, 2025-07-11 09:01:21.