Economics Daily

First Trump Tariff Threat Shows It’s Not Just About the Economy

The border wall along the US-Mexico border in Jacumba Hot Springs, California, US, on Tuesday, Nov. 19, 2024.
Photographer: Stefani Reynolds/Bloomberg

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By Chris Anstey

November 27, 2024 at 12:03 PM UTC

I’m Chris Anstey, an economics editor in Boston, and today we’re looking at the intentions behind the president-elect’s tariff threat. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

With Donald Trump leading in the polls ahead of the election, policymakers in Seoul were coming up with a game-plan. If Trump wins and threatens tariffs, then South Korea — which has the seventh-largest trade surplus with the US — could ramp up imports of American energy.