Tariff Man was at it again this week, but this time, his target was the U.S.'s neighbor at the southern border. Without taking his eyes off China, President Donald Trump announced that he would impose tariffs as high as 25% on Mexican goods until the country stanches the flow of illegal immigrants into the U.S. (The president also had this to say about the tariffs' purpose.) Manufacturers who had been hopeful that a recession could be staved off saw those hopes dashed as they worried about an increasingly endangered global supply chain. Markets also responded with pessimism as investors wondered if the mistrust between the U.S. and China would be further threatened by the planned tariffs on Mexico. With no end in sight to the ever-expanding trade wars and deepening concerns that any deals will be reached on either side of the globe, Bloomberg Opinion examined the state of U.S. trade policy, its effect on a slowly recovering economy, and what it means for consumers at home. Stop Trump on Trade – Michael R. Bloomberg Trump's Mexico Tariffs Are Borderline Crazy – David Fickling Trade Worries Put Fashion Flops in Harsher Light – Sarah Halzack Stop Blaming the Trade War for Everything – Daniel Moss Trump Steps Into a Mexican Labyrinth – Anjani Trivedi and David Fickling Trump's Threatened Mexico Tariffs: Credible, Irrational, Doomed – Karl W. Smith Trump Risks Throwing Manufacturers Offline – Brooke Sutherland Trade War Threatens Peace Dividend for Stocks – Stephen Gandel What If the Trade War Is Really Deflationary? – A. Gary Shilling Tech Cold War Will Force World to Choose – Tim Culpan Truckers, Trade War Winners and Household Wealth – John Authers The First Step to Shun China: Invest in Trade With Other Exporters – Conor Sen The Trade War's Biggest Losers – Tyler Cowen This is the Theme of the Week edition of Bloomberg Opinion Today, Sunday's roundup of our biggest commentary topic this week. |
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