Wednesday, 29 July 2026 · Europe
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EUROPES The European Report
European Edition Wednesday, 29 July 2026
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Economy & Money

Tariffs are Trump’s favorite plaything – and his justifications are absurd | Steven Greenhouse

Tariffs are Trump’s favorite plaything – and his justifications are absurd | Steven Greenhouse
Business | The Guardian

The president is using forced labor as a pretext to slap tariffs on countries around the world With the midterm elections less than four months away, it’s a precarious time for Donald Trump and Republicans: Trump’s war against Iran is going badly, his approval ratings are in the toilet , gas prices are soaring and pushing up inflation, and nation after nation is furious about Trump’s insults, bullying and ugly American unilateralism . So amid all this mess, what does Trump do? He turns to his favorite economic plaything: tariffs. On Monday, Trump signed orders to slap a 50% tariff on many Cana

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