SPQR<p>Failed State watch: "In practice there will be nothing liberating about it. Over the two months since returning to the White House, Mr Trump will have brought America’s overall tariff level to its highest since the second world war, setting the country up for slower economic growth, higher inflation, more inequality and, quite possibly, fiscal trouble."<br><a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://mastodon.social/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/collapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>collapse</span></a> <br><a href="https://www.economist.com/finance-and-economics/2025/03/30/trumps-liberation-day-is-set-to-whack-americas-economy" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">economist.com/finance-and-econ</span><span class="invisible">omics/2025/03/30/trumps-liberation-day-is-set-to-whack-americas-economy</span></a></p>