Yesterday’s News 2025 04 10


20250410 1700 WSJ

Bulwark: The Big Tariff Lie

Trump’s trade-war madness is his election madness all over again

Politifact: Flip flop: Trump said he wasn’t looking at pausing tariffs. Two days later, he did.

Sun: America’s Suez Moment?

President Trump’s retreat on tariffs calls to mind Churchill’s jibe in 1956 after Britain’s Suez debacle: “I would never have dared; and if I had dared, I would certainly never have dared stop.” That foreign policy fiasco signaled the end of British pretensions to be a global power.

Bulwark: The Art of the Blink

Donald Trump has taken the pillow partially off the face of the market. But his maximum-chaos economic approach will continue to do real damage.

News Nation: Countries will follow Trump imposing tariffs on China: Gordon Chang

  • China analyst predicts global tariff increases against Chinese products
  • Xi unlikely to make quick deal despite economic incentives, Gordon Chang says
  • Chang: Moving factories to Central America could reduce migration to US

Tangle: Trump reverses, pauses tariffs.

16 thoughts on the 90-day pause on Trump’s tariffs.

Dan Pfeiffer: Why Trump Surrendered So Quickly on His Tariff Plan

Some of Trump’s most influential online fans are none too happy about the tariffs

Jennifer Rubin: When Autocrats Screw Up

Acting president Elon Musk declared that tariff cheerleader Peter Navarro “is truly a moron.” What does that imply about President In Name Only (PINO) Donald Trump, who has swallowed Navarro’s advice hook, line, and sinker? (One wonders if Trump will notice that the man whom he allowed to run the federal government thinks he—or at least his chosen policy course—is idiotic.)

And that was before Trump threw the tariff train into reverse, announcing he was “pausing” tariffs on many countries but imposing a 125 percent tax (tariff) on goods from China. A 10 percent across-the-board tariff nevertheless would remain on other countries. Got that? (He doesn’t, either.) The sheer chaos and confusion he has caused is hard to describe. Unnerved investors, employers, and consumers may well hunker down, avoiding all big decisions, which could—in and of itself—throw us into a recession.
(Jennifer Rubin more…)