Tariff for Tat
The tariff hammer has dropped.
After a month-long pause, President Trump imposed 25% tariffs on imports from Canada and Mexico yesterday and raised last month’s tariff on Chinese goods from 10% to 20%.
Canada and China retaliated swiftly. China imposed a 10-15% tariff on U.S. agricultural imports, and Canada levied a 25% tax on tens of billions of dollars’ worth of American goods. Mexico promised to respond with both “tariff and non-tariff measures” on Sunday.
The stock market didn’t take the news lightly; all three major indexes dropped as investors braced for rising prices and falling consumer demand. Automakers could be hit hardest as car parts currently cross borders multiple times during the manufacturing process. Meanwhile, Target’s CEO warned shoppers to brace for higher prices—specifically on produce and alcohol—as soon as this week.
CHRISTIAN PERSPECTIVE
The governments of the world have different things on their agenda than God’s kingdom. As global powers maneuver to have their way, work to keep in step with the priorities of your heavenly home.
“What does the LORD your God ask of you except to fear the LORD your God by walking in all his ways, to love him, and to worship the LORD your God with all your heart and all your soul? Keep the LORD’s commands and statutes I am giving you today, for your own good.”
Deuteronomy 10:12–13 (CSB) (read full passage)