The Unexpected Resilience of the US Economy Amid Tariff Wars
TL;DR Summary
Despite fears that Trump's tariffs would severely harm the US economy, their impact in 2025 has been limited due to delayed implementation, partial exemptions, pre-loading of imports by companies, and absorption of costs by importers, with significant effects expected to materialize in 2026.
- Why haven’t Trump’s tariffs crashed the US economy? | Jeffrey Frankel The Guardian
- Trump overturned decades of US trade policy in 2025. See the impact of his tariffs, in four charts AP News
- Opinion | The economic collapse that never happened The Washington Post
- A year of trade drama and the plot twists yet to come Financial Times
- 2025 was the year of the tariff. The U.S. Supreme Court will decide if 2026 is the year some tariffs die National Post
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