The US has imposed new tariffs on 60 trading partners in the latest escalation in the trade war reignited by US President Donald Trump when he returned to office last year.
Those targeted, including the UK, China and the European Union, will face a tariff of 10% to 12.5% on all goods, accounting for almost all American imports.
The tariffs, which replace an identical levy which expires on Friday, are based on claims key economic partners have failed to properly tackle forced labour.
My favorite feature of US foreign policy.
It evidently, clearly, and repeatedly hasn’t worked… so let’s keep doing it. (For decades, probably.)
And even better, that thinking is bipartisan because no we elect has enough integrity to admit they were wrong and change course, at least not since Lyndon Johnson. (And even he was a-okay to keep the bipartisan pain going on many aspects of American politics.)
That this inflicts pain on the American people doesn’t even register with our elected leaders. We’re irrelevant.