RE: Tariffs

Tariffs remain the talk of the town.

President Trump’s country-specific tariffs went into effect at 12:01 a.m. today (adding to the baseline 10% tariff he levied on nearly every country on Saturday). The White House says over 70 countries have reached out to negotiate deals, and Trump has directed his team to make “tailor-made” deals with each one. So far, he’s rejected “zero-for-zero” tariff offers from the E.U. and Vietnam, saying both exploit the U.S. through non-tariff trade rules. 

Yesterday, President Trump levied an additional 50% tariff on China (bringing the total to 104%, meaning anything with a Made-in-China sticker could cost more than double) after it vowed to “fight to the end.”

Some in Trump’s circle—including Elon Musk and some congressional Republicans—have begun to urge #47 to reverse course. Others say they’re trusting the process.
 
(We’re also covering this story tomorrow in Decaf, The Pour Over for Families. Sign up—for free—here.)
 
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CHRISTIAN PERSPECTIVE
While the negotiations of countries’ leaders will determine the future of the global economy, they’re not nearly as significant as how God oversees his economy—no detail overlooked or asset unnoticed.

“The world and everything in it is mine.” 
Psalm 50:12 (CSB) (read full passage)