Trump’s Tariffs, Without Shortages and Inflation, Are Emerging as a Bigger Story Than the Departure of Elon Musk

Trump’s Tariffs, Without Shortages and Inflation, Are Emerging as a Bigger Story Than the Departure of Elon Musk

The president ignores the gnashing of teeth and rending of garments of sorrowful and partisan defeatists.

Trump’s tariff gamble pays off — without the inflation

It was supposed to be economic Armageddon. That, at least, was the loud warning from academics, pundits, and many in the financial press. Tariffs, they said, would torch the American consumer, spike inflation, and crater confidence. ...