Liberation Day Tariffs and the Transformation of Global Trade

On April 2, 2025, President Donald Trump declared what he called one of the most important days in American history. Framing the moment as a “declaration of economic independence,” he announced sweeping new tariffs aimed at allies and rivals alike, accusing them of having “looted” the United States for decades. The move quickly branded “Liberation … Read more

Has America Hit “Peak Tariff”? A 2026 Reality Check on Trade Policy, Prices, and Supply Chains

For the better part of a decade, U.S. trade policy has moved in one direction: higher, broader, and more politically durable tariffs. From Section 301 duties on Chinese imports to steel, aluminum, clean‑energy, and semiconductor tariffs, America has rebuilt a tariff wall that few expected to last this long. That raises the question recently posed … Read more