“Tariffers” v “traders”: the new contest for Donald Trump’s ear
Like a cop with a new Taser, Mr Trump seems to see tariffs as a way to inflict non-lethal but instructive pain. Early evidence came on November 25th, when he threatened 25% tariffs on imports from Mexico and Canada, and an extra 10% on Chinese imports, as a prod to do more to stop flows of migrants and drugs.