Thursday, July 31, 2025

Donald Trump’s tariffs, briefly defined

This story appeared in the Logoff, a every day e-newsletter that helps you keep knowledgeable in regards to the Trump administration with out letting political information take over your life. Subscribe right here.

Welcome to The Logoff. In the present day I’m specializing in a line in Donald Trump’s speech final night time that I discovered surprisingly trustworthy: “There will probably be slightly disturbance, however we’re okay with that.” It was an acknowledgment that Trump’s plan to reorder the US economic system with tariffs is just not with out ache. As we get readability on simply how steep the tariffs will probably be, we’ll discover out simply how a lot ache Trump is speaking about.

So, which is it? The previous two days have been a litany of blended alerts. There are indicators the tariffs are short-term, or at the very least going to be decreased:

However there’s additionally the likelihood we’re simply getting began:

What’s the large image? Earlier than the election and even after, many asserted that Trump’s tariffs had been a bluff — extra geared toward successful concessions than reorienting the economic system away from commerce. We nonetheless don’t know for certain — and final night time’s speech may need been extra bluffing — nevertheless it’s wanting much less seemingly. The president says he’s tremendous with slightly “disturbance,” and he’s betting you’ll be tremendous with it, too.

And with that, it’s time to sign off…

Earlier than we go, let me direct your consideration towards a unique — and much more nice — frenetic creature. Excessive Nation Information has this very cool three-minute hear on hummingbirds. Particularly, how hummingbirds are adapting to local weather change, and the attractive sounds they’re making whereas doing so. I can’t let you know how way more relaxed I used to be after listening than I used to be earlier than. I hope you get pleasure from it. Have an important night time, and I’ll see you again right here tomorrow.

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