Tariff Turmoil: Trade Policies Unraveled

This chapter explores the chaotic announcement of U.S. tariffs on imported goods, particularly from China, revealing the confusion sparked by contradictory government communications. It highlights China's counter-move to halt exports of critical minerals and the broader implications for global supply chains and American consumers facing rising prices. The chapter also addresses the consequent shifts in the bond market and the Trump administration's concerns about the economic fallout on households and markets.