The Economist on Trump's reciprocal tariffs

What happens when you ditch the principles that underpinned global trade for three-quarters of a century?  Donald Trump hopes to find out.  He wants to levy “reciprocal” tariffs, which match the duties American exports face abroad, plus charges to offset any policy he deems unfair.  A stable multilateral trade system which has, for all its flaws, fostered miraculous rises in global prosperity would give way to arbitrary judgments made in the Oval Office.

~ "Reciprocal tariffs really mean chaos for global trade," The Economist, February 19, 2025