- Category
- Business
- Published
- Monday, July 27, 2026 at 2:00 PM
- Publisher
-
The Guardian Business
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Tariffs are Trump’s favorite plaything – and his justifications are absurd | Steven Greenhouse
The president is using forced labor as a pretext to slap tariffs on countries around the world With the midterm elections less than four months away, it’s a precarious time for Donald Trump and Republicans: Trump’s war against Iran is going badly, his approval ratings are in the toilet , gas prices are soaring and pushing up inflation, and nation after nation is furious about Trump’s insults, bullying and ugly American unilateralism . So amid all this mess, what does Trump do? He turns to his favorite economic plaything: tariffs. On Monday, Trump signed orders to slap a 50% tariff on many Canadian goods , and four days later, he imposed across-the-board 10% or 12.5% tariffs on goods from more than 80 countries. Trump was no doubt thumping his chest, while millions of people overseas were dumping on him for yet another unnecessary, hostile act. Continue reading...
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