Now It's History

Now It's History

Iceberg, right ahead

A Trumpian "transition period" for the economy is a risky leap in the dark

Richard Galant
Mar 19, 2025
∙ Paid
blue and red cargo ship on sea during daytime
Photo by Ian Taylor on Unsplash

A senior banker said he “almost went down on my knees to beg” the president to stop the tariffs. One aide “fought like mad” to kill the protectionist duties.

More than 1,000 economists warned that boosting tariffs would “raise the cost of living and injure the great majority of our citizens.” They predicted harm to farmers,…

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