Tariffs: The Never-Ending Dumb Game of Global Chicken

Just when you thought we’d reached 'The End' of Trump’s trade saga, surprise! 'We're only approaching the end of the beginning,' as new tariffs pop up faster than a bad sitcom reboot. Beefed-up levies hit India for buying Russian oil, while semiconductor tariffs get a 'loophole deluxe' makeover. Europe's confused, CEOs shrug, and the stock market is throwing a party. As Stephanie Guichard notes, there’s 'ongoing progress,' or at least that’s the happy line amid tariff chaos. Basically, the trade war is less a war, more a confusing, never-ending reality show.

Share the Story

(1 of 3)
Swipe to navigate

Source: Axios | Published: 8/7/2025 | Author: Ben Berkowitz