Trump’s plan for reciprocal food tariffs is a disastrously bad idea, and we’re all going to pay for it

Tit-for-tat trade policies may seem appealing, but they’ll lead to higher prices on everything from coffee and tea to bananas, with very little upside.

For obvious reasons, most of the attention that’s been paid to President Donald Trump’s various tariff schemes has focused on the across-the-board tariffs he’s imposed on our biggest trading partners, Canada, Mexico, and China.

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Published on March 05, 2025 21:31
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