BS EDIT: The closing of America: What Trump’s tariffs could mean

By Business StandardPublished On Apr 9, 2025

Market calm may be misleading

Markets expect talks post-tariffs. But Trump may aim for deeper trade restructuring, not quick deals

Offers rejected

The EU offered zero tariffs on US goods. Trump declined, claiming unfair treatment — not a good sign for negotiation

Contradictory goals

Tariffs are pitched as revenue, leverage, and industrial policy — goals that conflict with each other

Ideology over strategy

Tariffs appear rooted in ideology, not economics. Multiple narratives now justify one fixed stance

No exemptions yet

No country has won relief. With new duties kicking in, global supply chains may suffer — and so might consumers

Americans may pay the price

Higher costs, delayed access, and lower quality could follow. The US may end up hurting its own consumers most