Wolves and Sheep

Wolves and Sheep

Weak Strongman

There is a reason why Trump backs down

Matt Kerbel's avatar
Matt Kerbel
Mar 10, 2025
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Photo by David Tomaseti on Unsplash

On February 1, Donald Trump slaps a 25% tariff on goods imported from Canada and Mexico, and a 10% tariff on Chinese goods. He orders the tariffs to take effect on February 4.

On February 3, the Nasdaq composite falls 1.2%. The S&P 500 falls 0.8%. The Dow loses 0.3%.

Also on February 3, Trump pauses the Canadian and Mexi…

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