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The hot air of Trump’s tariffs is approaching a ceiling of cold reality
Even before their full effect has hit, the duties are doing real damage.
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There’s very likely to be more economic and political trouble ahead if prices rise and trade is seriously interrupted.
PHOTO: AFP
Alan Beattie
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It wasn’t all that long ago that multinational companies and foreign governments were in a permanent state of hyper-vigilance for another Donald Trump outburst on social media threatening a new barrage of tariffs.
These days, there’s a steady procession of news events the other way. The meeting in October with Chinese President Xi Jinping
