Charting the Global Economy: US Tariffs Launch Proves Messy; ECB Cuts Rates
Tractor trailers enter the US from Mexico at the Nogales-Mariposa port of entry.
Photographer: Rebecca Noble/BloombergThis article is for subscribers only.
President Donald Trump’s frenzied tariff barrage has been marked by reversals and faulty rollouts, baffling US trading partners and businesses while raising questions about the aims of his signature policy.
Following a tumultuous few days of delays and exemptions, Trump introduced another variable at the end of the week by saying he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as Friday. The president spoke after a report showed the US job market softened in February as unemployment unexpectedly rose.