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National Post
National Post
4 May 2025


NextImg:Colby Cosh: Trump abandons consumer abundance for a surprise austerity agenda

On Wednesday, in the prelude to a cabinet meeting, U.S. President Donald Trump made yet another remark to chill the blood for those concerned about his country. Trump’s cat-and-mouse game of arbitrary changes to American import tariffs is starting to raise concerns about prices and supply chains for consumer goods. The American economy has unexpectedly shrunk in the first 100 days of Trump 2.0, even though workers and businesses are scrambling to make purchases before the effects of Trump tariffs set in. The underlying state of the economy is probably worse than the short-term numbers.