Donald Trump’s Super Bowl tariffs are an act of self-harm

L ast year dozens of countries proposed or introduced new tariffs on steel imports. Most aimed the measures at China, which they accused of flooding international markets with cheap metal. On February 9th Donald Trump took a different approach: he picked up a scattergun instead of a sniper’s rifle. As the president flew to the Super Bowl in New Orleans, he told reporters on Air Force One that he would announce new tariffs of 25% on all aluminum and steel imports into America. On February 10th the levies duly arrived.

Lessons from a week of chaos

Tax cuts may lift short-term output, but deeper reform is required

Things look increasingly dark for the continent

Logging on at home is a perk, yet so far it has not been treated as such

Whatever its geopolitical merits, the “madman theory” transfers badly to economics

Lab-grown gems may destroy both their own value and that of natural rocks, too

https://www.economist.com/finance-and-economics/2025/02/10/donald-trumps-super-bowl-tariffs-are-an-act-of-self-harm

A source: www.economist.com/finance-and-economics/2025/02/10/donald-trumps-super-bowl-tariffs-are-an-act-of-self-harm