Tuesday, July 28, 2026

25th Amendment Time: Changing effective tariff rates every 12 days on average is a sign of unstable leadership

 
AI-generated image:  Manus 1.6 Lite
Headline:  New York Times, 7/23/2026

Natasha Sarin opines:
Effective tariff rates are going to change on Friday for the 45th time in the past 18 months — an average of once every 12 days. Rates will ratchet up yet again next month if President Trump’s recently announced 50 percent levy on some Canadian goods goes into effect. [emphasis added]
That includes hockey sticks, a product that serves as not only a symbol of Canada but also possibly a visual of what will happen to prices. The tariffs do not apply to critical imports, such as oil or potash, but they, too, could get more expensive should the Canadians retaliate. 
The president is, in effect, resurrecting a misguided strategy that harms our economy and further undercuts longstanding trade partnerships. The average rate for all our trade partners is set to rise to nearly 13 percent by fall — below April 2025’s “Liberation Day” levels but still damaging.
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