Our new banana republic

Who knew we'd spend 2025 obsessing over tariffs?

Drawing by Copilot

I didn’t expect to spend 2025 obsessing over tariffs. I expect you didn’t either. The good news is that there’s an audience for what we’ve learned: tariffs are suddenly a hot topic on social media.

People are paying attention, particularly since more than $6 trillion in market wealth vanished after the White House tariffpalooza last w…