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Trump’s Tariffs Have Already Ripped a Gaping Hole in the Economy

  • Trump's tariff package features a 10 percent tariff on all imports, starting Saturday, with additional tariffs from Wednesday, as confirmed by the White House.
  • James Surowiecki expressed concerns about the economic impact of Trump's tariffs, suggesting they might lead to an economic catastrophe.
  • Political scientist Adam Przeworski noted that Trump's policies represent a significant change in the relationship between the government and society.
  • The situation illustrates the declining state of American democracy, as Congress has become unable or unwilling to act as the primary lawmaking body.
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  • 60% of the sources lean Left
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The New Republic broke the news in on Thursday, April 3, 2025.
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