Tariffs like Trump’s come with pitfalls, history shows
- Written by Bedassa Tadesse, Professor of Economics, University of Minnesota Duluth
Feeling tariff whiplash? You’re not alone. On April 2, 2025, President Donald Trump announced sweeping new tariffs – a 10% levy on nearly all U.S. imports, along with targeted duties aimed at punishing countries he accuses of exploiting American markets. Just a week later, on April 9, his administration abruptly paused much of the plan...