Nonconsensus

Nonconsensus

Schrodinger's Tariffs

The admin swings back to an aggressive pursuit of tariffs while markets remain sanguine about the future. The trouble is without market pain the TACO trade won't come to fruition.

Bob Elliott's avatar
Bob Elliott
Jul 08, 2025
∙ Paid

With the BBB out of the way the admin has now turned its attention back to global trade war. Displeased about the lack of progress in getting deals the admin just set a tariff rate to come as of Augu…

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