Editorial Board
Tariffs Are No Longer Just About Trade
The White House sees tariffs as a weapon to be deployed for any purpose.
Changing the subject.
Photographer: Dado Galdieri/Bloomberg
When the White House postponed its so-called reciprocal tariffs to the start of next month, many hoped that its aggressive new trade policy would moderate. Financial markets had protested, it seemed, and the administration had learned its lesson. Any eventual tariffs would be much lower than threatened and uncertainty would surely abate.
No such luck.