What to read to understand tariffs
Four books and an essay that provide insight into a trade-war weapon
DONALD TRUMP has single-handedly brought tariffs from the back of textbooks to the front pages of newspapers. The president has imposed taxes on thousands of products since returning to the White House. After April 2nd—what he calls “Liberation Day”—he is set to impose 25% levies on imported cars and country-by-country “reciprocal” tariffs, which may cover a number of countries that have so far been spared.
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